WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it foresees an exceedingly slow pace of interest rate hikes — and is in no hurry to resume them.
In explaining its decision to keep interest rates unchanged, the Fed expressed concern about a recent slump in U.S. job growth and about the potential consequences of Britain's vote next week on whether to leave the European Union.
BOSTON – A leading proponent of raising the state's tobacco-buying age to 21 said he's "optimistic" the measure and other tobacco restrictions will become law this year, but cautioned that the bill sits among many other matters still awaiting action by the Massachusetts House of Representatives in the final weeks of formal legislative sessions.
The state Senate in April passed a comprehensive bill aimed at preventing youth tobacco use and addiction. Along with a three-year increase in the state's tobacco purchase age, the bill (S 2269) includes a ban on tobacco sales in pharmacies and restrictions on e-cigarettes.
