Post Tagged with: "rates"

Source: Reuters

The Fed could could still move markets Wednesday even with rates on hold for the foreseeable


While committed to keeping interest rates low for the next several years, the Federal Reserve still has plenty of work to do as it steers the U.S. economy through the pandemic.

As central bank officials gather Tuesday and Wednesday

September 15, 2020 - 3:30 pm Closing Bell Story‎, Economy, Finance
Source: CNBC

Fed holds rates steady, says economic growth is ‘well below’ pre-pandemic level


The Federal Reserve held interest rates steady in a decision announced Wednesday that came along with a tepid outlook on the coronavirus-plagued economy.

In a move widely expected, the central bank kept its benchmark overnight lending rate anchored near …

July 29, 2020 - 2:30 pm Closing Bell Story‎, Economy, Finance, Regulatory