WASHINGTON The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn t plan to cut interest rates until it has "greater confidence" that price increases are slowing sustainably to its 2% target.
Text of the policy statement the Federal Reserve released Wednesday go.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from go.com Daily Mail and Mail on Sunday newspapers.
WASHINGTON The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn t plan to cut interest rates until it has "greater confidence" that price increases are slowing sustainably to its 2% target.
Text of the policy statement the Federal Reserve released Wednesday toronto.citynews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from toronto.citynews.ca Daily Mail and Mail on Sunday newspapers.