US Fed has kept the federal funds rate steady at 4.25 to 4.50 per cent, noting continued economic growth and a strong labour market.
While inflation remains above the target, uncertainty in the outlook has eased.
The Fed reaffirmed its commitment to achieving maximum employment and 2 per cent inflation and will continue reducing its balance sheet.
While inflation remains above the target, uncertainty in the outlook has eased.
The Fed reaffirmed its commitment to achieving maximum employment and 2 per cent inflation and will continue reducing its balance sheet.