Fed Sees Strengthening Economy But Stays 'patient' On Rates

WASHINGTON (AP) — The Federal Reserve's outlook for the U.S. economy is steadily brightening. Yet the Fed will be "patient" in raising interest rates from record lows. That was the dual message the central bank sent Wednesday in a statement it issued after its latest policy meeting. Why is no rate hike likely soon?

Topics:  washington ap     the federal reserve   u.s    fed   the   economy   patient   rates   bank   central   inflation   target   statement   

 

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