U.S. China

Fed leaves low rates alone and foresees no moves in 2020

WASHINGTON (AP) – The Fed’s decision to leave rates alone follows three rate cuts earlier this year. It reflects its view that the U.S. economy has so far withstood the U.S.-China trade war and a global slump and remains generally healthy. Its benchmark rate influences many consumer and business loans. It will remain in a low range of 1.5% to…