The Federal Open Market Commitee of the U.S. Federal Reserve left key interest rates alone, but the forecast points to an interest rate hike in December.
America's central bankers decided to wait, while they do observe that economic factors are improving, and the labor market is strengthening.
Federal Reserve Chair Janet Yellen described their approach as cautious.
IN: "But with...
OUT: ...our objectives."
DUR: 22
America's central bankers are indicating December is the next most likely time for an interest rate hike, although Fed Chief Janet Yellen says, overall, rates will remain low.
IN: "We continue...
OUT: ...historical standards."
DUR: 29
Federal Reserve Chair Janet Yellen responded to critics who have suggested America's central bankers do not think independently.
IN: "Participants project...
OUT: ...in time."
DUR: 27
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