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.
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 ...
Fed keeps rates unchanged, flags 'lack of further progress' on inflation The US Federal Reserve is widely expected to hold interest rates between 5.25 perc ent and 5.50 per cent at the end of its ...
The Fed cited elevated short-term inflation risks, and they’re maintaining their cautious stance, which means, interest rates ...
Gold price retreats amid falling US Treasury yields and a weaker US Dollar. The US Dollar Index (DXY), which tracks the ...
MOSCOW (dpa-AFX) - Russia's central bank left its key interest rates unchanged for the third consecutive meeting on Friday but cautioned about upside risks to inflation. The board of directors of ...
Investing.com-- The Reserve Bank of New Zealand kept interest rates steady as expected on Wednesday, but flagged a potential delay in interest rate cuts due to headwinds from sticky inflation.
The rupee was trading in a narrow range and appreciated 3 paise to 83.25 against the US dollar in e… ...
CANBERA (dpa-AFX) - The Australian dollar weakened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia left its benchmark interest rates unchanged ...
An eagle tops the US Federal Reserve building's facade in Washington, July 31, 2013. [Photo/Agencies] WASHINGTON -- The US ...