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Fed holds rates steady as jobs slump, ‘Brexit’ looms

Fed holds rates steady as jobs slump, ‘Brexit’ looms

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WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it foresees an exceedingly slow pace of interest rate hikes — and is in no hurry to resume them. In explaining its decision to keep interest rates unchanged, the Fed expressed concern about a recent slump in U.S. job growth and about the potential consequences of Britain's vote next week on whether to leave the European Union.

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it foresees an exceedingly slow pace of interest rate hikes — and is in no hurry to resume them. In explaining its decision to keep interest rates unchanged, the Fed expressed concern about a recent slump in U.S. job growth and about the potential consequences of Britain's vote next week on whether to leave the European Union.…