Friday, March 29, 2024
Homefederal reserveFed holds interest rates near zero, sees faster growth and higher inflation

Fed holds interest rates near zero, sees faster growth and higher inflation

  • The Fed on Wednesday declined to let up on its easy money policy despite an economy that it acknowledged is accelerating.
  • As expected, the U.S. central bank decided to keep short-term interest rates anchored near zero as it buys at least $120 billion of bonds each month.

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