The Federal Reserve said Wednesday it would hold key interest rates steady, an announcement that was widely expected in the financial markets.
The Fed said it still saw risks in the economy tilted toward inflation, citing the tight labor market and energy prices.
The central bank's Fed funds rate remains at 6.5 percent and its discount rate stands at 6 percent.
The Fed also said it would retain a "bias" favoring policy tightening. The central bank said it saw risks in the economy
that were still tilted toward inflation.
The Fed said it still saw risks in the economy tilted toward inflation, citing the tight labor market and energy prices.
The central bank's Fed funds rate remains at 6.5 percent and its discount rate stands at 6 percent.
The Fed also said it would retain a "bias" favoring policy tightening. The central bank said it saw risks in the economy
that were still tilted toward inflation.
