The Federal Reserve left interest rates unchanged at the close of its two-day meeting on Wednesday, but struck an upbeat tone on the economy and left room for one additional rate hike before the year is over. At the conclusion of the Federal Open Market Committee meeting, policymakers unanimously voted to keep the benchmark rate between 1% to 1.25%. The central bank still left a December rate hike on the table, which would be its third and final rate hike in 2017. She added that she doesn't see the Fed postponing a December rate hike. It will start by allowing $6 billion in Treasury securities and $4 billion in mortgage-backed securities to mature every month.

Source: Forbes November 01, 2017 18:00 UTC