Federal Reserve

Fed will be 'patient' in rate hikes amid global growth woes

The Federal Reserve says that in light of a slowing global economy and last year's financial market turmoil, the central bank intends to remain "patient" in determining when to make future changes in its benchmark interest rate.

Minutes show Fed officials noted number of rising threats

Federal Reserve policymakers last month noted greater threats to the U.S. economy, ranging from adverse effects of the government shutdown to rising trade tensions, and opted to emphasize that they would be "patient" in raising interest rates.