WRAPUP 4-Fed leaves rates near zero, sees virus risks lingering
The Federal Reserve on
Wednesday left interest rates near zero and repeated a vow to do
what it takes to shore up the U.S. economy amid an ongoing
coronavirus pandemic that will not only “weigh heavily” on the
near-term outlook but poses “considerable risks” for the medium
term as well.
Wednesday left interest rates near zero and repeated a vow to do
what it takes to shore up the U.S. economy amid an ongoing
coronavirus pandemic that will not only “weigh heavily” on the
near-term outlook but poses “considerable risks” for the medium
term as well.
Posted by Reuters