• In this Wednesday, Feb. 3, 2016, file photo, shoppers stop to look in the window of a lighting store in the Design District of Miami Beach, Fla. The U.S. economy inched forward at the weakest pace in two years from January through March, as consumer spending growth slowed, business investment plunged and exports declined further, according to data released by the Commerce Department, Thursday, April 28, 2016. (AP Photo/Lynne Sladky, File)

    US economy struggles at start of election year

    WASHINGTON (AP) — It was not a great start for the U.S. economy.

  • While leaving US rates unchanged, Fed keeps an eye overseas

    WASHINGTON (AP) — When the Federal Reserve chose Wednesday not to raise its key interest rate, it nevertheless made clear that its next move will be another increase. That stance puts it at odds with other major central banks, which are doing the reverse — seeking to ease credit to spur lending.

  • In this Thursday, Feb. 11, 2016, file photo, Federal Reserve Board Chair Janet Yellen prepares to testify on Capitol Hill in Washington, before the Senate Banking Committee hearing on: "The Semiannual Monetary Policy Report to the Congress." On Wednesday, April 27, 2016, the Federal Reserve releases its latest monetary policy statement after wrapping up a two-day meeting. (AP Photo/Susan Walsh, File)

    No Fed rate hike expected Wednesday, but what about in June?

    WASHINGTON (AP) — On this, pretty much every economist agrees: The Federal Reserve will keep interest rates unchanged when it ends its latest policy meeting Wednesday. What’s unclear is whether it will hint about the likelihood of a rate hike at its next meeting in June.