Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 24/07/2021 05:41 
16.06.2021 21:42 News >> US Federal Reserve Keeps Interest Rate Unchanged

US Federal Reserve Keeps Interest Rate Unchanged

‘Progress on vaccinations has reduced the spread of COVID 19 in the US,’ central bank says.

The US Federal Reserve said Wednesday that it kept its benchmark interest rate unchanged between the 0.00% - 0.25% range.
"Progress on vaccinations has reduced the spread of COVID-19 in the US," it said.
The Fed removed that the virus "is causing tremendous human and economic hardship across the US and around the world," from its previous statement.
"Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain," was added.
The central bank reiterated that it will allow inflation to run above 2% for some time until labor market conditions improve and maximum employment is achieved.
The Fed also noted it will continue its asset purchase program to relieve the world's largest economy, in which the central bank buys at least $120 billion of bonds every month. -



        Latest News
'Aquarium Of Saros' In Turkey Draws Attention Of Diving Enthusiasts 18 minutes ago...
Almost 100,000 people visit natural aquarium in northwestern Gulf of Saros, says local source.
Bosnia Imposes Genocide Denial Ban 33 minutes ago...
Nation’s top international official imposes amendments to ban denial of genocide, glorification of war criminals.
Zambia Inaugurates $2.3B Power Plant -12 minutes ago...
750 MW facility to end country’s power deficit.
Islamabad To Allow Kashmiris To Live With Pakistan Or Remain Independent: Premier 18 minutes ago...
Imran Khan says Islamabad will hold second referendum even after Kashmiris vote in Pakistan's favor.
Sit-In Protests Against PKK In Turkey Continues Amid Eid Al-Adha Holiday 33 minutes ago...
Parents urge children forcibly recruited, deceived by terror group to surrender to security forces.

 
      Top News
Zambia Inaugurates $2.3B Power Plant Zambia Inaugurates $2.3B Power Plant
Islamabad To Allow Kashmiris To Live With Pakistan Or Remain Independent: Premier Islamabad To Allow Kashmiris To Live With Pakistan Or Remain Independent: Premier
Turkey, Spain Agree To Sustain Impetus In Bilateral Relations Turkey, Spain Agree To Sustain Impetus In Bilateral Relations
Major League Baseball Team In US Changes Its Name For Racial Sensitivity Major League Baseball Team In US Changes Its Name For Racial Sensitivity
Floods Wreak Havoc In China, Death Toll Climbs To 56, While 5 Missing Floods Wreak Havoc In China, Death Toll Climbs To 56, While 5 Missing
Delta Variant Spreading Fast In Germany, Says Disease Control Agency Delta Variant Spreading Fast In Germany, Says Disease Control Agency
Suspected Rebel Attack In DR Congo Leaves 16 Dead Suspected Rebel Attack In DR Congo Leaves 16 Dead
Iran Starts Oil Exports From Oman Sea, Bypassing Strait Of Hormuz Iran Starts Oil Exports From Oman Sea, Bypassing Strait Of Hormuz
China Turns Down 2Nd Phase Of Coronavirus Origin Tracing China Turns Down 2Nd Phase Of Coronavirus Origin Tracing
Death Toll In China Floods Rises To 33, 8 Missing Death Toll In China Floods Rises To 33, 8 Missing