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United States: Economic recovery will depend on pandemic and vaccination

2021-01-27T20:01:37.207Z

The US Central Bank, which left interest rates unchanged on Thursday, stressed that the economic recovery in the United States depended on developments in the pandemic and the pace of vaccination as variants of the new coronavirus appear. Read also: Within the new Biden administration, Janet Yellen can rely on the Fed The pace of the recovery in activity and employment has weakened, the Fed said



The US Central Bank, which left interest rates unchanged on Thursday, stressed that the economic recovery in the United States depended on developments in the pandemic and the pace of vaccination as variants of the new coronavirus appear.

Read also: Within the new Biden administration, Janet Yellen can rely on the Fed

The pace of the recovery in activity and employment has weakened, the Fed said.

Interest rates will remain in a range of 0 to 0.25%, until the country regains full employment, the powerful institution said in a statement after two days of the first meeting of the year of its Monetary Policy Committee.

Source: lefigaro

All business articles on 2021-01-27

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