No hike: Fed keeps benchmark rate near zero

September 17, 2015 6:07 PM

37 0

No hike: Fed keeps benchmark rate near zero

Citing global economic weakness and financial market turmoil, the Federal Reserve agreed Thursday to keep its benchmark interest rate near zero despite the rapidly improving U.S. labor market. Kaja Whitehouse for USA TODAY.

Citing global economic weakness and financial market turmoil, the Federal Reserve agreed Thursday to keep its benchmark interest rate near zero despite the rapidly improving U.S. labor market.

Also read: ECB Extends but Scales Back Stimulus, Whipsawing Markets

Read more

To category page

Loading...