Bloomberg Businessweek

Fed Maintains Monetary Stimulus, Cites Moderating Recovery

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Sinopse

Federal Reserve officials left their benchmark interest rate unchanged near zero as they flagged a moderating U.S. recovery and reiterated a pledge to use all available tools to support the economy during the coronavirus pandemic. Providing context and analysis are Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg Stocks Editor Dave Wilson, Manulife Investment Management Chief Economist Frances Donald, Bloomberg Intelligence Chief U.S. Interest Rate Strategist Ira Jersey, Keel Point Chief Economic Adviser Steven Skancke, Bloomberg Economics Chief U.S. Economist Carl Riccadonna and Dave Ellison, Portfolio Manager at Hennessy Funds. Hosts: Carol Massar and Tim Stenovec. Producer: Doni Holloway