US Fed leaves interest rates unchanged amid trade row with China
The central bank noted that the US labour market "remains strong" and economic activity "is rising at a moderate rate" since May, while indicators of business fixed investment "have been soft" and uncertainties about the economic outlook "have increased."
James Bullard, president of Federal Reserve Bank of St. Louis, voted against Wednesday`s policy decision, arguing that the Fed should lower the target range for the federal funds rate by 25 basis points at this meeting. Image source: Reuters