Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases

Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases
Federal Reserve Chair Jerome Powell.
(Federal Reserve, modified by CoinDesk)

The Federal Reserve it would hold benchmark interest rates at their current level and continue increasing holdings of U.S. Treasurys and mortgage bonds at least at the current pace or as needed “to sustain smooth market functioning.”

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