Federal Reserve Chair Janet Yellen speaks during a press conference after the Fed kept rates unchanged although one more rate increase is possible by year-end. Photo: AFP Federal Reserve Chair Janet Yellen speaks during a press conference after the Fed kept rates unchanged although one more rate increase is possible by year-end. Photo: AFP
Federal Reserve Chair Janet Yellen speaks during a press conference after the Fed kept rates unchanged although one more rate increase is possible by year-end. Photo: AFP

US Federal Reserve keeps rates flat but hints at one more increase by year’s end

US central bank said portfolio drawdown to start in October

Topic |   US Federal Reserve
Federal Reserve Chair Janet Yellen speaks during a press conference after the Fed kept rates unchanged although one more rate increase is possible by year-end. Photo: AFP Federal Reserve Chair Janet Yellen speaks during a press conference after the Fed kept rates unchanged although one more rate increase is possible by year-end. Photo: AFP
Federal Reserve Chair Janet Yellen speaks during a press conference after the Fed kept rates unchanged although one more rate increase is possible by year-end. Photo: AFP
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