Fed makes no policy changes can be 'patient'

GMT 20:34 2014 Wednesday ,17 December

Arab Today, arab today Fed makes no policy changes can be 'patient'

The US Federal Reserve
Washington - AFP

The US Federal Reserve made no changes to its monetary policy Wednesday, saying it can remain 'patient' before moving to raise interest rates and normalize its easy-money stance.
The Fed left its key interest rate, the federal funds rate, at the 0-0.25 percent level, where it has been for six years to help the US emerge from deep recession.

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