Fed keeps interest rates steady, stresses “strong economy and job market”

The Federal Reserve, led by Chairman Jerome Powell, decided not to raise interest rates on Wednesday, stressing that the economy and job market remain strong. Many expect the central bank to raise rates next month. The Fed also highlighted the low unemployment rate, and noted that household spending and businesses investment have grown, according to the Wall Street Journal. The comments came in a statement that followed its two-day policy meeting. The Fed is expected […]

source https://therealdeal.com/chicago/2018/08/01/fed-keeps-interest-rates-steady-stresses-strong-economy-and-job-market/#new_tab