- Deputies: Man, woman tried to arrange killing of his estranged wife (5/21/17)1
- Cape fines contractor $1,100 a day for street-project delays; contractor blames utility relocations (5/18/17)13
- Attorney general seeks bond revocation for embattled sheriff (5/17/17)3
- Cape police say man assaulted, kidnapped girlfriend (5/21/17)2
- I will not be silenced (5/16/17)4
- Mississippi County sheriff fights efforts in court to remove him from office (5/21/17)4
- Cape man accused of shooting a woman in Jackson (5/21/17)
- Broadening horizons: Heartland Dream Team founder stays committed to area youth (5/21/17)2
- Revival of Oran police board urged amid timecard fraud, nepotism allegations (5/17/17)4
- Business notebook: Woman, sister-in-law buy Perryville custom-wear shop (5/22/17)
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.