Fed Keeps Interest Rate Unchanged Amid Frustration with Inflation
Federal Reserve policymakers are growing impatient with inflation, but it seems they won't be acting on their frustration just yet. At this week's meeting in Washington, the Fed is expected to keep its benchmark interest rate unchanged.
The central bank's rate-setting committee may not be willing to make a move now, but could reconsider when they gather again next September 15-16.