- Man transitioning to woman killed herself in Cape City Jail in June; news comes from architect's pitch in Kansas (2/15/18)2
- Cape Girardeau businessman proposes redevelopment project; seeks taxing district to fund improvements (2/17/18)16
- Bell City arrest, Scott City incident highlight high-alert status following Fla. school shooting (2/20/18)4
- Plans in the works to save Esquire Theater on Broadway in Cape (2/21/18)1
- TJ's Burgers, Wings & Pizza expands with dining area in Fruitland (2/16/18)
- Pence gets it right in response to attack on Christian faith (2/17/18)6
- Charges filed in Sunday murder; suspects in custody (2/14/18)2
- Lovebirds for 80 years give advice: Trust, patience and 'Tell 'em you love 'em' (2/14/18)2
- Jackson schools purchased former orchard land, will lease for farming for now (2/15/18)
- The heart of the matter: Clinic helps patients rise above congestive heart failure (2/17/18)
Fed holds rates at 45-year low
The Associated Press
WASHINGTON -- Federal Reserve policy makers, worried about companies' inability to create new jobs, held interest rates at a 45-year low on Tuesday and signaled anew that they will be slow to order any future increase that could cramp the economy's recovery.
Private economists viewed the Fed policy statement as more somber than its comments after a similar meeting in late January, reflecting the fact that the central bank has seen two disappointing monthly employment reports since then.
Some economists said it was very likely that the Fed would not raise its target for the federal funds rate, the interest that banks charge each other, from 1 percent until sometime in 2005. That represented a change from the previous view that the Fed simply would wait until after the November election before starting to raise rates.