Fed Holds Rates, Notes ‘Soft’ Business Fixed Investment

The FOMC decided at its most recent meeting to maintain the target range for the fed funds rate at 1/4 to 1/2%. The committee noted household spending has been growing strongly, but business fixed investment remained soft.

FOMC: Rate Rise Unlikely Before Late April

Bloomberg reported the Federal Reserve confirmed being “patient” on interest rates means no increase before late April. Risks from overseas are largely offset by domestic strength.

Fed: Business Investment Resumes Advance

In its latest meeting of the FOMC, the Fed said growth in economic activity has rebounded in recent months and noted that business fixed investment resumed its advance.

Fed: Economy Expanding at ‘Modest Pace,’ Bond Buying to Continue

In a news release, Fed officials said economic activity expanded as a modest pace and business fixed investment advanced. The Fed also said it will keep the central bank’s $85 billion-per-month bond-buying program in place.

Fed Keeps Stimulus in Place

The FOMC said that it will continue buying securities at a pace of $85 billion a month and maintain a low range for the federal funds rate as long as unemployment remains above 6.5%

Fed Keeps Stimulus in Place as Economy Picks Up

The FOMC said that since January the economy has returned to moderate economic growth following a pause late last year. The Fed added that it will continue buying securities at a pace of $85 billion a month.