The Fed Meets Against a Revamped Economic Backdrop: Live Updates
Stocks Rebound After Fed Signals Interest Rates Will Remain Low Last Updated This briefing has ended. Follow our latest coverage of -0:00 Federal Reserve Will Keep Rates Near Zero The Federal Reserve Chair, Jerome H. Powell, said on Wednesday that he expects the economy to continue improving this year but plans to keep interest rates near zero until employment increases. Today, the FOMC kept interest rates near zero and maintained our sizable asset purchases. These measures, along with our strong guidance on interest rates, and on our balance sheet, will ensure that monetary policy will cont...
Source: nytimes.com