WASHINGTON—The Federal Reserve left its benchmark interest rate unchanged on Wednesday and reaffirmed its make-no-moves posture. Officials last month signaled they were comfortable holding rates steady while they gathered evidence on how three rate cuts last year had cushioned the economy against a global growth slowdown. Wednesday, they maintained that view in their postmeeting statement by repeating nearly verbatim the policy outlook expressed in December.

Source: Wall Street Journal January 29, 2020 10:30 UTC