US central bank leaves rates unchanged

Updated July 29 2021 - 5:05am, first published 4:59am
The US central bank says it is keeping its benchmark short-term rate pegged near zero.
The US central bank says it is keeping its benchmark short-term rate pegged near zero.

The US Federal Open Market Committee, which concluded its two-day monetary policy meeting, has left the target range for its federal funds rate unchanged at 0 to 0.25 per cent and says it will continue with its $US120 billion ($A164 billion) a month bond-buying program.

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