Post Tagged with: "zero interest rates"

Source: CNBC

Fed pledges to keep rates near zero until full employment, inflation come back

CNBC


The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy stance until it is comfortable that the U.S. economy is back on its feet.

Following this week’s Federal Open Market …

April 29, 2020 - 3:00 pm Closing Bell Story‎, Economy, Finance, Jobs
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