Post Tagged with: "US Federal Reserve"

Source: CNBC

Fed sees interest rates staying near zero through 2022, GDP bouncing to 5% next year

CNBC


The Federal Reserve kept interest rates near zero and indicated that’s where they’ll stay as the economy recovers from the coronavirus pandemic.

Along with the rate decision, central bankers projected Wednesday that the economy will shrink 6.5% in 2020, …

June 10, 2020 - 2:30 pm Economy, Finance, Regulatory
Source: CNBC

Fed will keep rates near zero until economy has ‘weathered’ coronavirus impact, minutes show

CNBC


The Federal Open Market Committee released minutes Wednesday of its March 15 meeting, during which it lowered its benchmark interest rate to near zero.  The meeting summary indicated that not only did members believe it was important to use …

April 8, 2020 - 2:30 pm Closing Bell Story‎, Economy, Finance, Jobs