Page 118 - குடியரசுக் கட்சியினர் இல் காங்கிரஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ABC Columbia A meeting is set to take place later this week Jul 26, 2021 9:56 PM EDT Image: Federal Reserve System Logo (ABC NEWS/ASSOCIATED PRESS)  WASHINGTON With inflation uncomfortably high and the COVID-19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultra-low-interest rate policies. For now, the U.S. economy is growing briskly in the wake of the pandemic recession, and the pace of hiring is healthy, which is why the Fed’s policymakers will likely move closer toward acting soon. In particular, the officials are expected to discuss the timing and mechanics of slowing their $120 billion-a-month in bond purchases a pandemic-era policy that is intended to keep long-term loan rates low to spur borrowing and spending.This week’s meeting occurs against the backdrop of a risky policy bet by Fed Chair Jerome Powell. Powell is gambling that the central bank can engineer an exceedingly

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