• AFP-JIJI

  • SHARE

Rising COVID-19 cases have slowed the U.S. economy’s recovery, but the Federal Reserve on Wednesday said it may nonetheless “soon” be time to begin removing the stimulus it provided during the pandemic.

The closely watched announcement left policy unchanged for now, but new forecasts from central bankers show they expect the first interest rate increase next year.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)