Fed holds key interest rate steady, downplays recent weak economic data


WASHINGTON — Federal Reserve policymakers on Wednesday held a key interest rate steady, downplaying recent weak economic data and indicating they remained on track for two more rate hikes this year. Central bank officials said a sharp slowdown in the pace of economic growth in the first quarter “was likely to be transitory” and that the…


Fed holds key interest rate steady, downplays recent weak economic data
Fed holds key interest rate steady, downplays recent weak economic data

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