Federal Reserve keeps interest rates unchanged but hints at December rise
by Rupert Neate in New York from on (#RXBB)
Fed policymakers vote to leave rates near zero after two-day meeting but indicate rate hike is near by dropping warnings about economy's fragility
The Federal Reserve on Wednesday kept interest rates unchanged at their record low of near-zero, but raised the likelihood of a rate hike in December by dropping previous warnings about the fragility of the global economy.
Related: Fed leaves US rates on hold but leaves door open for December rise - live
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