Fed Keeps Interest Rates at Zero, Says Hike Appropriate ‘Soon’ (CoinDesk)

Originally published at: https://www.channel-sea.cc/fed-keeps-interest-rates-at-zero-says-hike-appropriate-soon-coindesk/

The U.S. Federal Reserve said Wednesday it would hold interest rates near zero, even as it edges closer to removing some of the extraordinary stimulus provided to financial markets since the coronavirus hit in March 2020. The benchmark U.S. short-term interest rate will remain in the current range between 0% and 0.25%, according to a…