US Fed maintains interest rates near zero

  1. home
  2. > economy
  3. > US Fed maintains interest rates near zero
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

US Fed maintains interest rates near zero

Apr 30, 2020 11:35 IST

The US Federal Reserve on Wednesday decided to maintain the target range for the federal funds rate at 0 to 0.25%. The ongoing public health crisis will weigh heavily on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term, the US Fed said in a statement.

Economy