Biggest winners and losers from the Fed's interest rate deci

Biggest winners and losers from the Fed’s interest rate decision
Bankrate
3/17/2021
© Jim Lo Scalzo / Contributor / Getty Images
Fed chairman Jerome Powell
The decision to leave rates alone was widely expected, and it comes as the U.S. economy shows signs of bouncing back thanks to vaccinations and nearly $3 trillion in fiscal stimulus so far this year. Federal Reserve Chairman Jerome Powell has said that highly accommodative monetary policy will continue for the foreseeable future.
Meanwhile, U.S. Treasury yields have soared so far this year, as expectations for an economic rebound mount and Congress goes big on fiscal stimulus with the Fed also continuing easy money policies for an extended period of time.

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