US Fed keeps key interest rate unchanged

The Federal Reserve said on Wednesday that it will maintain the target range for the federal funds rate at 0.25 percent to 0.5 percent, pledging to keep the monetary policy accommodative to support economic growth.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jan 28 2016 | 1:32 AM IST
