left-interest

Fed keeps rates steady, signals one hike by end of year

The U.S. Federal Reserve left interest rates unchanged on Wednesday but strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further. Fed Chair Janet Yellen, speaking after the central bank's latest policy statement, said U.S. growth was looking stronger and rate increases would be needed to keep the economy from overheating and fueling high inflation.

Originally posted here:
Fed keeps rates steady, signals one hike by end of year

left-interest

Fed signals no rush to hike rates as economy hits soft patch

The Federal Reserve left interest rates unchanged on Wednesday, but kept the door open to a hike in June while showing little sign it was in a hurry to tighten monetary policy amid an apparent slowdown in the U.S. economy. “The committee continues to closely monitor inflation indicators and global economic and financial developments,” the Fed said following a two-day meeting. Fed policymakers in March forecast two hikes

Original post: 
Fed signals no rush to hike rates as economy hits soft patch