Xinhua world news summary at 0030 GMT, May 2
WASHINGTON -- The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up.
The central bank's latest decision came just a few days after the Commerce Department reported on Friday that the U.S. personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure, ti