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On The Money — Democrats rush to finish off infrastructure

On The Money — Democrats rush to finish off infrastructure
thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.

Fed s Powell says not yet time to consider pulling back on support

Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Federal Reserve Chairman Jerome Powell. Carolyn Kaster/AP It s not yet time for the Fed to even consider pulling back its policy support, Chair Powell said. Fed policymakers ruled to hold interest rates at historic lows and maintain its asset purchases. The recovery is highly uncertain and the economy is far from hitting the Fed s goals, Powell said. The Federal Reserve expects a strong economic recovery through 2021, but it still aims to maintain ultra-easy financing conditions well into the future.

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