Fed holds rate steady, cites “muted” inflation

Jan 29, 2020 |

The Federal Reserve left its benchmark rate unchanged on Wednesday, though it downgraded its assessment of the consumer spending that unpins about 70% of the U.S. economy. In a statement issued at the end of its two-day meeting, the Fed said it would keep the federal funds rate in the current target range of 1.5% […more]

Posted in: San Francisco

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