Us Rates Unchanged

Summary


US stocks ended higher last night after the US Federal Reserve opted to keep interest rates unchanged at 46-year lows and signaled it was not in a rush to raise borrowing costs with job creation so sluggish.

IThe Fed rate-setting committee repeated it could afford to be 'patient' about raising rates, implying that policy-makers feel little pressure to boost credit costs.

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Us Rates Unchanged

'We will nee...

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