Inflation averages 2 percent; Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
The interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively.
The overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
OPEC is Doing it Again: The $56 Mark
For bold investment was needed to jump-start the economy and accelerate the distribution of vaccines to bring the coronavirus under control.
U.S. stocks are closing 2020 on a strong note, We are going to continue to see a push higher
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
inequalities exacerbated by the virus are unlikely to be reversed any time soon
South Korea appears to be one of the hottest places in Asia.
Oil prices, which have rallied on vaccine hopes as well as expectations that OPEC will maintain its current output curbs