WRAPUP 5-Fed leaves rates near zero, sees virus-related risks lingering
The Federal Reserve on
Wednesday left interest rates near zero and repeated a vow to
use its “full range of tools” to shore up the U.S. economy amid
an ongoing coronavirus pandemic that will not only slam growth
in the near term but pose “considerable risks” in the medium
term as well.
Wednesday left interest rates near zero and repeated a vow to
use its “full range of tools” to shore up the U.S. economy amid
an ongoing coronavirus pandemic that will not only slam growth
in the near term but pose “considerable risks” in the medium
term as well.
Posted by Reuters
