Fed will wait to raise interest rates, citing 'solid' economic growth
The U.S. Federal Reserve will remain patient in raising interest rates, waiting until at least June, the Federal Open Market Committee hinted in its report Wednesday.
The report said economic activity has been "expanding at a solid pace," in what The New York Times called "its most upbeat economic assessment since the recession." However, it did also mention that inflation is weak, reflecting drops in energy prices.
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