AI
Thursday, April 30, 2015 4:19:31 AM
The Federal Reserve downgraded its view of the U.S. labor market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates.
The Fed's statement put in place a meeting-by-meeting approach on the timing of its first rate hike since June 2006, making such a decision solely dependent on incoming economic data.
http://finance.yahoo.com/news/fed-meeting-seen-chance-nudge-050227221.html
The Fed's statement put in place a meeting-by-meeting approach on the timing of its first rate hike since June 2006, making such a decision solely dependent on incoming economic data.
http://finance.yahoo.com/news/fed-meeting-seen-chance-nudge-050227221.html
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