27-07-2016 20:06 via news.yahoo.com

Fed keeps rates unchanged, says risks to outlook reduced

By Lindsay Dunsmuir and Howard Schneider WASHINGTON (Reuters) - The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year. While Fed policymakers said they continued to closely monitor inflation data and global economic and financial developments, they indicated less worry about possible shocks that could push the U.S. economy off course. "Near-term
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