People and businesses in the US have faced a whirlwind of policy change in recent months. But one thing has remained fixed: borrowing costs set by the US central bank.
The Federal Reserve stuck with that strategy on Wednesday, leaving its key interest rate unchanged, even as officials' expectations for the economy worsened.
The decision marked the fourth in a row without action, keeping the bank's influential lending rate hovering around 4.3%, where it has stood since December.
That came despite forecasts from policymakers suggesting they expect slower growth, higher unemployment and faster inflation than they did just a few months ago.
Typically, the Fed lowers borrowing costs if it believes the economy is struggling and raises them if prices start to rise too quickly.
