27-01-2016 07:03 via news.yahoo.com

Fed seen keeping interest rates steady amid market volatility

The Federal Reserve is expected to leave interest rates unchanged on Wednesday and acknowledge that turmoil in financial markets threatens its upbeat view of the U.S. economy, leaving the chances of a March hike diminished but alive. All 69 analysts in a Reuters poll see the central bank keeping its key overnight lending rate in a range of 0.25 percent to 0.50 percent when it issues its policy statement following a two-day meeting. A month-long plunge in U.S. and world equities has raised concer
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