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Sep 16, 2020, 9 tweets

U.S. Federal Reserve holds rate steady and promises to stay there for at least three years.

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FOMC expects to maintain an accommodative stance of monetary policy till inflation target achieved.

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The Federal Reserve said it will keep rates low to help the U.S. economy recover from the coronavirus pandemic.
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#BQMarketsNow | U.S. stocks climb, dollar declines after dovish Fed.

Catch all the market updates: bit.ly/35Ic0zy
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In new normal, rates remain closer to lower bound, says Fed Chairman Powell.

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Fiscal policy actions so far made critical difference, says Fed Chairman Powell.

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Fiscal stimulus provided timely support to incomes, more fiscal support is likely to be needed, says Fed Chairman Powell.

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Not sure if faster-than-expected recovery will continue, says Fed Chairman Powell.

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It’s clear labour market long way from maximum employment, says Fed Chairman Powell.

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