After three cuts earlier this year, the central bank left its benchmark rate in a low range of 1.5% to 1.75%
Despite surging in October and November, gasoline prices are down 1.2% over the past year
Banks, pension funds and insurance companies from around the world directed their message at a U.N. climate conference
The deal could herald more mergers across the industry
The Fed cut short-term rates last month for the third time this year
Overall consumer prices rose 1.8% over the past year
Unemployment remains near a five-decade low
The move reduces the short-term rate to a range between 1.5% and 1.75%
The salary drop tracks with a 17% decline in bonuses
The unexpected decline was influenced by weaker sales at gas stations