THE FED: Fed set to leave interest rates unchanged, may hint at June hike
The U.S. Federal Reserve is expected to hold interest rates steady at its meeting this week as it pauses to parse more economic data but may hint it is on track for an increase in June.
The central bank is scheduled to release its policy decision at 2 p.m. EDT (1800 GMT) on Wednesday at the conclusion of its two-day meeting. Fed Chair Janet Yellen is not due to hold a press conference.
Most policymakers have already made plain that in contrast to previous years, the Fed feels more confident in its forecast of two more rate increases this year.
breakingnews http://www.cnbc.com/2017/05/02/fed-set-to-leave-interest-rates-unchanged-may-hint-at-june-hike.html
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