(Photo by Alex Wong/Getty Images)The Federal Reserve left its benchmark interest rate unchanged on Wednesday amid fresh doubts about the health of the U.S. job market and growing anxiety among investors that Britain might leave the European Union. The Fed has emphasized that its timeline for raising interest rates will depend on the evolution of the economy. It slashed its benchmark overnight interest rate to zero and pumped trillions of dollars into the recovery in hopes of fostering faster growth. In December, it raised interest rates for the first time since the recession and expected to increase them four more times this year as the recovery picked up steam. Federal Reserve Board Chair Janet Yellen speaks during a news conference on June 15 in Washington, DC.
Source: Washington Post June 15, 2016 18:08 UTC