With economic outlook hazy, Fed likely to leave rates alone

September 19, 2016 3:14 PM

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WASHINGTON — Again and again in recent months, the Federal Reserve has signaled that it’s edging closer to resuming the interest-rate hikes it began in December.

When the Fed ends its latest policy meeting Wednesday, it’s expected to leave the short-term rate it controls at the low level where it’s been for 10 months. In the view of most economists, the Fed wants more time to assess the health of the U.S. economy, the risks from overseas and the prospect tha...

Also read: Powell Says Solid Economy Supports Further Fed Rate Increases

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