Fed still in crisis-fighting mode as recovery appears to moderate | Money
Thursday, 28 Jan 2021 07:51 AM MYT In a news conference after the meeting, Fed Chair Jerome Powell noted the economy’s resilience, with major industries like housing, financial services and others adapting to the coronavirus pandemic with new technologies and strategies. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. WASHINGTON, Jan 28 — The Federal Reserve on Wednesday left its key overnight interest rate near zero and made no change to its monthly bond purchases, pledging again to keep those economic pillars in place until there is a f...