Headline Details

Fed leaves rates near zero, sees virus-related risks lingering

Published on: Wed, 29 Apr 2020 20:01:55 UTC
News Agency: Reuters
Description:
The Federal Reserve on Wednesday left interest rates near zero and repeated a vow to use its "full range of tools" to shore up the U.S. economy amid an ongoing coronavirus pandemic that will not only slam growth in the near term but pose "considerable risks" in the medium term as well.

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