Federal Reserve to keep interest rates close to zero

FAN Editor 2 years ago

Federal Reserve to keep interest rates close to zero – CBS News

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Last week, the Federal Reserve voted to keep interest rates near zero as inflation rises to the highest point in 30 years. The central bank will also dwindle its buying of billions of dollars a stocks a month, which began during the pandemic. Senior vice president and director of research for the committee of economic development Joe Menarik joins Lana Zak on CBSN to discuss.

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