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:
Visalia Driver Arrested for DUI After Multiple Crashes and Pedestrian Injured
Crime /
19 hours ago
Dollar Trades Lower With Fed Cut In View, On Course For Monthly Drop
U.S. /
19 hours ago
Visalia Semi Crash Injures Amazon Truck Driver After Red Light Collision
Local /
19 hours ago
Evacuation of Gaza City Would Be Unsafe and Unfeasible, Says Head of Red Cross
World /
19 hours ago
Most Trump Tariffs Are Not Legal, US Appeals Court Rules
Courts /
20 hours ago
New $250 Visa Fee Risks Deepening US Travel Slump
Travel /
20 hours ago
Prime Minister of Yemen’s Houthi Government Killed in Israeli Strike
World /
20 hours ago
California Schools Reverse Truancy Trends. Improving Reading Scores Could Be Next
Opinion /
20 hours ago
Latest
Videos

Latest /
17 hours ago
Judge Blocks Pillar of Trump’s Mass Deportation Campaign

Crime /
19 hours ago
Visalia Driver Arrested for DUI After Multiple Crashes and Pedestrian Injured

U.S. /
19 hours ago
Dollar Trades Lower With Fed Cut In View, On Course For Monthly Drop

Local /
19 hours ago
Visalia Semi Crash Injures Amazon Truck Driver After Red Light Collision

World /
19 hours ago
Evacuation of Gaza City Would Be Unsafe and Unfeasible, Says Head of Red Cross

Video /
2 days ago