Market watchers predict the Fed may be forced to cut rates soon to avoid a financial crisis
The announcement came after a meeting of the central bank’s governing body
Holding the line on interest rates can be good for originators overall, but might have some negative impact in markets with tight inventory
The Fed will likely hold the line on short-term interest rates at its meeting next week
The dollar rose after a report showed U.S. jobs growth exceeded forecasts, backing the case for the Fed to continue raising interest rates this year
The chair of the Federal Reserve says the benchmark interest rate, held near zero for nearly seven years, will likely go up this month
A new bill would require the Fed to be more transparent in how it arrives at its decisions on monetary policy
Experts say the Fed may be hinting at a rate hike in as little as six weeks