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Fed expects to keep rates near zero through 2023

Fed expects to keep rates near zero through 2023

Fed policymakers signaled Wednesday that their benchmark short-term interest rate will likely remain at zero at least through 2023. Fed chair Jerome Powell stressed that while the economy has rebounded more quickly than expected, the job market is hurting and the outlook remains uncertain. The Fed also said that it will continue buying $120B in Treasury’s and mortgage-backed securities a month.

Timothy
Timothy
John W
John W 1 weeks

Both parties establishments are corrupt. https://youtu.be/PVcSVs0pdOg 60 minutes insider trading Congress. https://youtu.be/m80ccCNX1Zk

Rof
Rof 1 weeks

You'll recall that Greenspan under both the Democrats and Republicans, repeatedly dropped interest rates to zero, guaranteeing virtually uncontrolled debt creation.

Rof
Rof 1 weeks

Can interest rates rise if debt to GDP already exceeds 106%?Millions of people won't be able to handle any increase in interest rates for the foreseeable future.

J
J 1 weeks

More bailouts for corporate America though artificially low interest rates. I don't hear Republicans cry socialism.

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