Fed Commits to Keep Buying Bonds Until the Economy Gets Back to Full Employment
Share
[aggregation-styles]
CNBC
CNBC
The Federal Reserve on Wednesday made a key adjustment to its efforts to support the economy, while upgrading its outlook for growth.
As expected, the Fed held benchmark interest rates near zero following the conclusion of its two-day meeting.
Investors were watching whether the Fed would present outcomes-based guidance in which it would state the conditions necessary for a reversal in policy.
By Jeff Cox | 16 Dec 2020
RELATED TOPICS:
As Inflation Keeps Hitting Pocketbooks, Newsom Scrambles for Answers
Opinion /
2 hours ago
Student Arrested in Shooting Near McLane High. Search for Second Shooter Ongoing.
Crime /
3 hours ago
The Price of Gold Is at a Record High. Here’s Why
Economy /
4 hours ago
Ukraine’s Parliament Approves Ban on Moscow-Linked Religious Groups. One Church Is Seen as a Target
World /
5 hours ago
US Applications for Unemployment Benefits Inch Up, but Remain at Historically Healthy Levels
Economy /
5 hours ago
60% of US Baby Foods Fall Short of WHO Nutritional Standards, Study Says
A recent CBS News report highlights concerns about the nutritional quality of baby foods available in U.S. grocery stores.
According to the ...
Food /
38 mins ago
Categories
Latest
Videos
Food /
38 mins ago
60% of US Baby Foods Fall Short of WHO Nutritional Standards, Study Says
Opinion /
2 hours ago
As Inflation Keeps Hitting Pocketbooks, Newsom Scrambles for Answers
Crime /
3 hours ago