Fed leaves interest rates alone; dials down 2016 forecast

When will the Fed hike interest rates again?

The Federal Reserve is still waiting for the right moment to raise interest rates.

Fed leaders decided not to increase the bank’s key interest rate on Wednesday at the conclusion of a two-day meeting. The decision was largely expected by economists and investors who bet there was very little chance of a move.

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Economic news – CNNMoney.com

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