Federal Reserve leaves open timeframe for rate rise
Federal Reserve
Washington - Arab Today
The Federal Reserve left open its timeframe for a rise in interest rates Wednesday, after a winter slowdown that stalled US economic growth.
After more than a year hinting that it would begin raising the federal funds rate in mid-2015, the Fed only said it would move when it sees further improvement in the labor market and is confident that inflation will pick up over the medium term.
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