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US Central Bank to Keep Rates Unchanged

The U.S. central bank says its benchmark interest rate will remain unchanged, to foster conditions for maximum employment and price stability. Despite steady hiring and unemployment at five percent, officials from the central bank's policymaking body say inflation remains below the Fed target rate of two percent. That is mostly due to the earlier declines in energy prices. But the Federal Open Market Committee, which concluded its two-day meeting Wednesday,...

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