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Montevideo, November 5th 2024 - 16:35 UTC

Tag: fede

  • Thursday, April 30th 2015 - 01:24 UTC

    Fed leaves interest rate at record low following two-day meeting

    Sluggish growth figures suggest that rate rise will not occur at the Fed's June meeting. Many analysts are now eyeing September instead.

    The US Federal Reserve has kept its target interest rate at a record low at the end of a two-day policy meeting in Washington, DC. The US central bank has indicated it will raise rates soon, as long as the US economy continued to grow, but the timing of the increase remains uncertain.