Dovish Fed holds policy unchanged
US Federal Reserve Building
Washington - AFP
The Federal Reserve stuck to its forecast for an initial interest rate rise in 2015 on Wednesday but cut its forecast for US growth slightly.
Holding to its cautious dovish stance on inflation, the Federal Open Market Committee did not change any language it uses to signal its rate plans, saying any increase will happen only a "considerable time" after the October end to the bond-buying stimulus program.
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