Traders work on the floor of the New York Stock Exchange shortly after an announcement by the Federal Reserve Bank in New York, October 28, 2015. REUTERS/Lucas Jackson
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The Federal reserve is keeping U.S. interest rates at record lows in the face of persistent threats from a weak international economy and excessively low inflation. Fed officials said Wednesday that the U.S. economy is still expanding modestly. Some Fed officials have signaled a desire to raise rates before year's end.Yellen and some other Fed officials have said a rate hike is still likely by the end of this year.Though analysts say a rate hike at the central bank's next meeting in December is possible, two key Fed officials have called even that prospect into question.Uncertainty was too high, Fed officials decided, for a rate hike in September.The Fed has said it would start raising rates once it's "reasonably confident" inflation will return to 2 percent within two to three years.
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