The FOMC said that "in recent months, there has been a lack of further progress" on lowering inflation to the Fed's 2% goal.
The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up.
An eagle tops the US Federal Reserve building's facade in Washington, July 31, 2013. [Photo/Agencies] WASHINGTON -- The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high ...
The US Federal Reserve on Wednesday kept its federal funds rate unchanged in the 5.25%-5.5% target range, as widely expected, which is the highest level in 23 years. "Recent indicators suggest ...
WASHINGTON, May 1 (Xinhua) -- The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation ...
WASHINGTON, May 1 (Xinhua) -- The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation ...
Federal Reserve officials on May 1 held interest rates steady days after a key inflation gauge showed a higher-than-expected increase. The Federal Open Market Committee kept the federal funds rate ...
The US Federal Reserve held interest rates steady on Wednesday in a range of 5.25% to 5.5%. The Fed's latest policy statement, issued at the end of a two-day meeting, kept key elements of its ...
Federal Reserve keeps interest rates unchanged Stocks close mixed; Powell says Fed prepared to keep rates unchanged for as long as it needs to; job openings hold steady; manufacturing sector ...