WASHINGTON, D.C.: The Federal Reserve kept its benchmark federal funds interest rate unchanged at near-zero percent as expected on Wednesday (Thursday in Manila), providing no fresh hints on when a long-awaited rate rise might come.
The Federal Open Market Committee (FOMC) said the US economy had expanded “moderately” in recent months and the jobs market had strengthened, but noted continued “soft” business investment and exports.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.