Fed Signals it Will Likely Hold Rates Near Zero for Months
It did not specify any amounts or timing for its bond purchases.
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Fed Announces $2.3 Trillion in Additional Lending
Among the actions it is taking is the activation of a Main Street Lending Program.
The Latest: President Attacks Powell Fed After Chairman’s Speech
He says the outlook for the U.S. economy remains favorable but that it continues to face risks.
Powell: U.S. Economy Healthy and Rate Hikes Aren’t Automatic
The Fed chairman said the central bank is monitoring potential vulnerabilities in the banking system to ensure its continued stability.