Tag Archives: Fed Interest Rates

Fed Fires Bazooka at Coronavirus Virus

Fed Fires Bazooka at Coronavirus Virus. The Fed’s statement made it clear it is going to keep rates near zero until the economy has weathered the Coronavirus and is on track to meet the Fed’s targets for the job market and inflation. In the press conference, Fed Chief Jerome Powell said the Fed will be “patient,” which means it’s going to be a while before we see rates go back up.

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