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Please verify your request Advertisement The economy continues to strengthen but still has a way to go before hitting the Fed’s employment and inflation targets, Federal Reserve officials said Wednesday. “We’re not there,” Fed Chair Jerome Powell told reporters after a meeting of the Federal Open Market Committee. “And we see ourselves as having some ground to cover to get there.” The committee said it would hold interest rates near zero and continue to purchase assets up to $120 billion a month until “substantial further progress” is made. “With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have shown improvement but have not fully recovered,” the committee said in a statement. “Inflation has risen, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting polic

Jerome powellNeil duttaRenaissance macro researchMarket committeeFederal reserveChair jerome powellFederal open marketஜெரோம் போவல்நீல் தத்தாமறுமலர்ச்சி மேக்ரோ ஆராய்ச்சிசந்தை குழுகூட்டாட்சியின் இருப்புநாற்காலி ஜெரோம் போவல்கூட்டாட்சியின் திறந்த சந்தை