Financial Daily Dose 4.29.2021 | Top Story: Fed Stays Course on Rates, Sees Improving Economy | Robins Kaplan LLP
To embed, copy and paste the code into your website or blog: The Fed’s Open Market Committee meeting broke yesterday leaving rates at near-zero and pledging to “continue buying government-backed bonds at a steady pace as it tries to support the economy’s recovery from the coronavirus downturn.” Still, in comments released after the meeting, the FOMC “painted a sunnier image of the American economy” and again worked to reassure markets that any rise in inflation this year was “transitory” - NYTimes and WSJ and Bloomberg and MarketWatch Some thoughts on how long that steady-stat...
Source: jdsupra.com