Fed holds key interest rate steady; another hike next month appears likely
by Jim Puzzanghera, Los Angeles Times
Nov 08, 2018
2 minutes
WASHINGTON - Federal Reserve officials held a key interest rate steady Thursday and appeared to stay on course for another hike next month despite criticism from President Trump and a new concern about business spending.
Analysts had expected the Fed to hold the target of its benchmark short-term rate at between
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