ZCZC
BCN-10
US-ECONOMY-TAUX-FINANCE-BANK
Fed leaves key US interest rate unchanged, notes slowing investment
WASHINGTON, Nov 9, 2018 (BSS/AFP) – The US Federal Reserve kept the
benchmark lending rate unchanged on Thursday, highlighting the continued
strong performance of the economy but also pointing to a slowdown in business
investment.
The central bank repeated that it expects “further gradual increases” in
the key interest rate as the economy continues to expand but the statement
gave no clear signal on whether it will have to move more aggressively to
head off inflation.
The policy-setting Federal Open Market Committee kept the federal funds
rate at 2.0 percent – 2.25 percent.
BSS/AFP/HR/0925