DOKUMENTATION/Begleittext zum Beschluss der US-Notenbank
DJ DOKUMENTATION/Begleittext zum Beschluss der US-Notenbank
Dow Jones Newswires sendet im Anschluss die Erklärung des Offenmarktausschusses (FOMC) der US-Notenbank zum Zinsbeschluss vom 16. Dezember 2020 im Wortlaut.
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
Fed Chair Powell press conference video here starting at 2:30 PM ET.
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
US Fed holds rate, to continue to buy $80B of bonds
The U. S. Federal Reserve left its key interest rate steady, as widely expected, and said it would continue to increase its holdings of government bonds to support the flow of credit to households and businesses, boost inflation and employment in light of the tremendous human and economic hardship from the COVID-19 pandemic to the U.S. and global economy.
The central bank for the United States kept its target range for the federal funds rate at 0.0-0.25 percent, unchanged since two rapid-fire rate cuts totaling 150 basis points in early March.
Provided by Dow Jones
Dec 16, 2020 7:14 PM UTC
For release at 2 p.m. EST December 16, 2020 The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy will depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the
Federal Open Market Committee statement from Dec 15-16 meeting reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.