Fed holds the line on rates, asset buying
The U.S. Federal Reserve announced it will hold interest rates near zero, continue with its asset buying program and remain supportive until its economic goals are sustainably achieved.
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The Fed notes improving economy, higher inflation, but expects to hold rates until 2023
Even with improving expectations for economic growth, employment and inflation, the U.S. Federal Reserve holds interest rates at 0-to-0.25%.
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Fed holds benchmark rate steady as U.S. economic recovery slows
The U.S. Federal Reserve keeps its target interest rate range at 0-to-0.25% and maintains quantitative easing as COVID-19 remains a risk to the economy.
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