The Federal Reserve strengthened its commitment to support the U.S. economy, promising to maintain its massive asset purchase program until it sees 鈥渟ubstantial further progress鈥 in employment and inflation.
December 16, 2020Government, Business
Fed to Maintain Bond Buys Until Economy Improves
Government, Business
Powell Says Economy in Favorable Place, Faces Significant Risks
Federal Reserve Chairman Jerome Powell said the U.S. economy is in a favorable place but faces 鈥渟ignificant risks鈥 as growth abroad slows amid trade uncertainty.
August 23, 2019