Fed leaves key interest rate unchanged amid lackluster economic growth

The release acknowledged that the economy has been expanding at a slower pace of late, though it said that the U.S. job market and other indicators of the economy's health continue to be strong... Investors had widely been expecting the central bank to remain on hold this week, given that economic data has been somewhat weaker in the past month and that the Fed still has plenty of time to realize its plan of raising interest rates twice more this year.