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Fed leaves interest rates unchanged for now

Fed leaves interest rates unchanged for now

The Federal Reserve held its benchmark interest rate steady but delivered a strong signal that it may be poised to cut in the coming months. In a statement Wednesday, the central bank said its policy-makers voted to hold its target rate for overnight loans between banks in a range between 2.25 per cent and 2.5 per cent.

KCooper
KCooper
Top in Business