WASHINGTON (Reuters) - The Federal Reserve will emphasize that the U.S. economy remains fragile in a policy statement later on Wednesday, as it talks down expectations for a rate hike this year and holds fire on expanding asset purchases.
Reuters: Top News, Reuters
Tue, 06/23/2009 - 10:08pm
WASHINGTON (Reuters) - The Federal Reserve will emphasize that the U.S. economy remains fragile in a policy statement later on Wednesday, as it talks down expectations for a rate hike this year and holds fire on expanding asset purchases.