Fed Holds Rate Close to Zero, as Economy Remains ‘Adversely Affected’

January 27, 2021

Fed Holds Rate Close to Zero, as Economy Remains ‘Adversely Affected’ Photo

CIO Mark Heppenstall shared his take with Martha C. White and NBC News on the Fed’s new 2% inflation target, the vaccine rollout and the timing of an economic recovery following the first Federal Reserve meeting since the inauguration of President Joe Biden.

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