0
WASHINGTON Dec 10: US Federal Reserve policymakers voted unanimously on Tuesday to hold the key federal funds target rate steady at a 41-year low of 1.25 percent.
The policymakers, who had chopped half a percentage point off interest rates at their last meeting on Nov 6, also maintained their neutral assessment of the economic risks ahead.
“The limited number of incoming economic indicators since the November meeting, taken together, are not inconsistent with the economy working its way through its current soft spot,” they said in a statement.—AFP
