MONEY POST - US Fed holds interest rates 'Unchanged' - for now

in #money7 years ago (edited)

MONEY POST - US Fed holds interest rates unchanged - for now

"The U.S. Federal Reserve kept interest rates unchanged on Wednesday"

They also said "it anticipated inflation would rise this year", a sign the US Federal Reserve is still on track to raise borrowing costs in March.

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"The Fed repeated on Wednesday it expected "further gradual" rate increases will be warranted."

"The Fed raised rates three times last year and currently projects three more increases this year"

* source - www.cbc.ca

MONEY POST - US Fed holds interest rates unchanged - for now

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