US rates left on hold - for now

US - The US Federal Reserve has left interest rates unchanged at their current 40-year low of 1.75%, citing 'uncertain' growth prospects in the coming months.

The decision is in line with market expectations, with most analysts predicting that the Fed would postpone raising rates for now so as to let the US economic recovery gather momentum.

The US central bank last year cut interest rates by 4.75 percentage points in a bid to stave off recession.

But with the economy now showing signs of str

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: