Fed Holds Interest Rates Steady, Pledges to Deliver Price Stability
The Federal Reserve left its target interest-rate range unchanged after its latest meeting and pledged to deliver price stability.
WASHINGTON (dpa-AFX) - After raising interest rates for the first time in three years last month, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged following its latest meeting.The Fed said it decided to maintain the target range for the feder…