(REUTERS)-- The U.S. Federal Reserve kept
interest rates unchanged today in a nod to concerns about a weak world economy, but left open the possibility of a modest policy tightening later this year.
By: Tho Bishop The FOMC announced that they will leave
interest rates unchanged today, as was expected.
OTTAWA — The Bank of Canada left its benchmark
interest rate unchanged today after raising it twice since the summer — but it signalled that future hikes are likely on the horizon.
Not exact matches
The Federal Reserve is expected to leave
interest rates unchanged in
today's monetary policy announcement, but firmer inflation in recent months lays the foundation for hikes in the months ahead.
The Australian Dollar, which has been very weak since the correction began, has been boosted by
today's RBA statement, despite the
unchanged interest rate, and the Korean easing, while the rally in crude oil and gold also helped the commodity - currency.
The Federal Reserve left its influential
interest rate unchanged at the conclusion of its two - day meeting in Washington
today, citing a recent slowdown in growth that it said was likely «transitory.»