Fed leaves main rate unchanged, saying policy is appropriate

THE FEDERAL RESERVE left interest rates unchanged and signaled it would keep them on hold for a while. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
THE FEDERAL RESERVE left interest rates unchanged and signaled it would keep them on hold for a while. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
WASHINGTON – The Federal Reserve kept its key interest rate unchanged, as expected, on Wednesday and continued to signal policy would stay on hold for the time being as the United States enters a presidential election year. The central bank also made a technical adjustment to the rate it pays on banks’ reserve balances and…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -

No posts to display