Fed leaves interest rates under 1.75 percent following May meeting

The Federal Reserve offered no surprises this month. The country’s central bank held target interest rates steady at between 1.5 and 1.75 percent but said nothing to indicate it won’t follow through next month with an expected second hike in 2018, according to the Wall Street Journal. The Fed made its announcement Wednesday, following a two-day meeting of its Federal Open Market Committee. In late March, the Fed raised interest rates by a quarter percent […]

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