Job Gains Much Weaker Than Forecast
Nonfarm U.S. payrolls added only 126,000 jobs in March, more than 100,000 less than economists predicted.
Fed Sends Record $97B in Profits to Treasury
The U.S central bank had $4.5 trillion in assets at the end of 2014, compared with $850 billion in 2008.
Fed Still Biding Its Time on Interest Rate Hike
FOMC members also cut their median projections for the central bank's key interest rate to 0.625% for 2015 and 1.875% for 2016.
Fed Officials Warn Against Premature Rate Hike
Given low levels of inflation, the middle of 2015 may be too early for an increase in the federal funds rate, say some Federal Reserve officials.