Breaking: The Federal Reserve left its benchmark interest rate unchanged and reaffirmed its make-no-moves posture
WASHINGTON—The Federal Reserve left its benchmark interest rate unchanged on Wednesday and reaffirmed its make-no-moves posture.
Officials last month signaled they were comfortable holding rates steady while they gathered evidence on how three rate cuts last year had cushioned the economy against a global growth slowdown. Wednesday, they maintained that view in their postmeeting statement by repeating nearly verbatim the policy outlook expressed in December.
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