US Economic Performance Hamstrung by Lack of Action on Capitol Hill

The U.S. central bank remains upbeat about the US economy, choosing to keep interest rates unchanged at historic lows after concluding its 2-day meeting Wednesday. Amid an improving job market but weak inflation, the Fed characterized US economic growth as “moderate” — far slower than what President Donald Trump promised. But now six months into his presidential term, there’s still very little action on the president’s economic agenda. Mil Arcega has more.

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