Fed Leaves Interest Rates Near Zero, Downplays COVID Economic Impact

Fed Leaves Interest Rates Near Zero, Downplays COVID Economic Impact

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Business

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Hard

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The Federal Reserve reports that the economy is performing well, maintaining the interest rate near 0%. Despite the strong economic indicators, Chairman Jerome Powell states that the Fed is not planning a rate hike at this time.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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