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Fed: firm rates, 120 billion asset purchase plan confirmed

2021-05-01T11:36:59.964Z


The Fed leaves interest rates unchanged between 0 and 0.25% and also confirms the asset purchase plan of 120 billion dollars a month. (HANDLE)


(ANSA) - ROME, APRIL 28 - The Fed leaves interest rates unchanged between 0 and 0.25% and also confirms the plan to purchase a set of 120 billion dollars a month.

The US Central Bank highlighted that between the "vaccinations and the strong support granted, the indicators of economic activity and work have strengthened".

However, the road to recovery will depend "significantly on the virus, including progress on vaccinations. The health crisis continues to weigh on the economy and the risks to the outlook remain".

(HANDLE).


Source: ansa

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