The Federal Reserve said it remains on track to gradually raise short-term interest rates this year and gave no hint about when the next increase might come.
Following a two-day policy meeting, central-bank officials unanimously held their benchmark rate steady in a range between 0.50% and 0.75%, while noting in a statement some recent improvements in the economy. They lifted rates by a quarter percentage point last month and penciled in three quarter-point moves in 2017.
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