FOMC holds interest rates in 1.75%-2.00% range, as expected
The Fed keeps interest rate unchanged in a range between 1.75%-2.00%.
FOMC:
Fed repeats it expects further gradual rate increases. Says economic growth rate is 'strong'
Fed says headline, core inflation remain near 2%
the labor market continued to strengthen, job gains strong. Spending and investment have grown strongly
Recent data suggest that growth of household spending has stayed low.
Suggesting a rate increase is likely at its next meeting
01 Aug 18 (Wed)
06:02 pm
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