Arab Today, arab today fed maintains stimulus program lowers growth forecasts
Last Updated : GMT 16:42:01
Arab Today, arab today
Arab Today, arab today

Fed maintains stimulus program, lowers growth forecasts

Arab Today, arab today

Arab Today, arab today Fed maintains stimulus program, lowers growth forecasts

Washington - Yonhap

The Federal Reserve on Wednesday left its stimulus program intact, contrary to market expectations, saying the U.S. economy is forecast to grow more slowly than expected. After two days of a Federal Open Market Committee meeting, Fed policymakers decided to continue to spend $85 billon per month for asset purchases and held the federal funds rate range at 0-0.25 percent.

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