خبرنامہ پاکستان

WASHINGTON, July 26, (APP/AFP) – The Federal Reserve kept its
benchmark interest rate unchanged on Wednesday but gave no clear signal about the chances for another increase this year.
But the central bank did confirm that it plans to begin to reduce its
massive bond holdings “relatively soon.”
In the absence of any signs of inflation pressure, the policy-setting
Federal Open Market Committee elected to hold off on raising the key lending
rate, and repeated that it “is monitoring inflation developments closely.”