The Federal Reserve Board again held off raising its benchmark federal funds rate on Thursday, citing less than desirable economic circumstances. (inc.com)
In her first public comments in two months, Yellen said the economy was improving to the point that policymakers soon could nudge up the benchmark federal funds rate for the first time since December. (sandiegouniontribune.com)
When the Federal Reserve raises its benchmark Federal Funds Rate — as it did on June 14 by a quarter - point — attention tends to focus on interest - rate increases on debt and future borrowing. (valuepenguin.com)