The Fed leaves rates unchanged in its first meeting of the era of Joe Biden and Janet Yellen.
The cost of money remains firm in a range between zero and 0.25%.
"The speed of recovery and the labor market has moderated in recent months, with weaknesses concentrated in the sectors most affected by the pandemic," explains the Fed. The speed of recovery and the labor market has moderated in recent months, with weaknesses concentrated in the sectors most affected by the pandemic, explains the Fed which sees risks for the outlook.
