CNN —
Still no movement.
For its fourth meeting in a row, the Federal Reserve opted to leave unchanged its key short-term interest rate — which influences a host of rates on consumer financial products and bank accounts across the United States.
That means that once again anyone with savings that they want to invest in stable, low-risk, interest-yielding assets is in luck. It may be especially good news for retirees, who are usually advised to keep a year’s worth of living expenses in interest-bearing accounts so that they won’t have to sell
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