Federal Reserve holds rates at zero

GMT 18:21 2015 Thursday ,17 September

Arab Today, arab today Federal Reserve holds rates at zero

Federal Reserve
Washington - Arab Today

The Federal Reserve held its key interest rate locked at zero Thursday, pointing to the downturn in the global economy even as US growth remains steady.

"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term," the Fed said.

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