Janet Yellen

Fed leaves interest rates unchanged amid concerns about low inflation

Fed leaves interest rates unchanged amid concerns about low inflation

The Federal Reserve left interest rates unchanged Wednesday and conveyed a tad more concern about recent inflation trends, clouding the prospects for when the next rate hike might come.

At the same time, the central bank said after its two-day meeting that U.S. economic conditions looked good, with job growth solid and consumer and business spending continuing to expand.

And the Fed gave further signals that it was close to paring down the $4.5 trillion in U.S. Treasury and mortgage-backed securities it accumulated during and after the financial crisis in...

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