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#1 2018-06-07 08:10:56

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WASHINGTON Fernando Muslera Mundial Camiseta , Sept. 20 (Xinhua) -- The U.S. Federal Reserve onWednesday kept the interest rate unchanged, but announced that itwill start to unwind its 4.5-trillion-U.S. dollar balance sheetfrom October, a further step to end the loose monetary policy.

"Information received since the Federal Open Market Committeemet in July indicates that the labor market has continued tostrengthen and that economic activity has been rising moderately sofar this year," said the Fed in a statement released after itstwo-day monetary policy meeting.

The central bank said Hurricanes Harvey Martin Silva Uruguay Camiseta , Irma, and Maris wereexpected to affect U.S. economy in the near term, while they wouldnot alter the course of the economy in the medium term.

Fed officials continue to expect that the U.S. economy willexpand at a moderate pace in the future. Enditem

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2018-06-07 08:10:56



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