Fed holds key interest rate near zero, vows to maintain it until inflation tops 2% ‘for some time’ despite vibrant economy
Christopher RugaberComments Off on Fed holds key interest rate near zero, vows to maintain it until inflation tops 2% ‘for some time’ despite vibrant economy
The Fed held Its key rate near zero, vowed to keep it there and maintained its bond purchases. Officials called recent rise in inflation 'transitory.'