US central bank changes tone, keeps rates unchaged

Global Business

Sounding a note of caution, the U.S. central bank has decided to keep its key interest rate where it is for now.

It’s a change of tone from last month’s rosy outlook, when the Federal Reserve increased rates for the first time in a decade. The global economy’s rocky start to 2016 is weighing heavily on policymakers minds.

CCTV America’s Karina Huber reports from New York.

US central bank changes tone, keeps rates unchaged

Sounding a note of caution, the U.S. central bank has decided to keep its key interest rate where it is for now. It’s a change of tone from last month’s rosy outlook, when the Federal Reserve increased rates for the first time in a decade. The global economy’s rocky start to 2016 is weighing heavily on policymakers minds. CCTV America’s Karina Huber reports from New York


Economic analyst Saruhan Hatipoglu on the state of the global economy

CCTV America’s Michelle Makori spoke to Saruhan Hatipoglu, the CEO of BERI and Global Economics Analyst for CCTV.
Follow Michelle Makori on Twitter @MichelleMakori

Economic analyst Saruhan Hatipoglu on the state of the global economy

CCTV America's Michelle Makori spoke to Saruhan Hatipoglu, the CEO of BERI and Global Economics Analyst for CCTV.