The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year even though it warned inflation remains below 2%. It will also begin unwiding over $4 trillion in assets next month.
Policymakers did lift projections for U.S. economic growth to 2.4% from 2.2% in a revised GDP forecast for 2017.
Fed Chair Janet Yellen talked about Fed's decision and also took some key questions on her future under President Trump, as well as her thoughts on two big consumer scandals, Wells Fargo (NYSE:WFC) and Equifax (NYSE:EFX).
ICYMI, FOX Business covered the key details of her press conference.