Fed Holds Key Interest Rate Steady but Signals Hike Could Come This Fall

(TNS)—Federal Reserve policymakers said Wednesday they were holding a key interest rate steady but signaled a hike could come this fall as their concerns have eased about a slowing job market and the fallout from Britain’s vote to leave the European Union.
Following a two-day meeting, central bank officials voted to keep the federal funds rate at between 0.25 percent and 0.5 percent, where it has been since December.
But there was a markedly improved characterization of the U.S. econ