Federal Reserve Holds Interest Rates Steady, Says Tapering of Bond Buying Coming 'Soon' - NewsBreak

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By Tarikul in Business
Updated 3 years ago

The Federal Reserve on Wednesday held benchmark interest rates near zero, but indicated rate hikes could be coming a bit sooner than expected while significantly cutting their economic outlook for this year. Along with those largely expected moves, officials on the policymaking Federal Open Market Committee indicated they will start...

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