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Fed seen holding rates steady as inflation watch continues
July 26, 2016 by elegant · Leave a Comment
By Ann Saphir SAN FRANCISCO (Reuters) – The U.S. Federal Reserve is expected to keep interest rates unchanged this week, deferring any possible increase until September or December, as policymakers hold out for more evidence of a pickup in inflation. Central to the debate at the Fed's July 26-27 policy meeting will be how to reconcile upbeat U.S. economic data, highlighted by strong job gains in June, with a global growth slowdown and other …
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Fed seen holding rates steady as inflation watch continues