Federal Reserve

Text of the Fed's statement after its meeting Wednesday

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year.

Text of the Fed's statement after its meeting Wednesday

Below is the statement the Fed released Wednesday after its policy meeting ended: Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year.

European Central Bank won't call time on stimulus just yet

Economic growth across the 19-country eurozone was higher than previously thought in the first quarter of the year, further good news for policymakers at the European Central Bank as they deliberate whether to ease up on stimulus efforts.