![]() ![]() "Since then, the economy has made progress toward these goals. The Fed on Wednesday pledged to continue its asset purchase program at least at the current pace of $120 billion per month until "substantial further progress" has been made on employment and inflation since last December, reports Xinhua news agency. The US Federal Reserve has kept its benchmark interest rate unchanged at the record-low level of near zero, while signaling that the central bank may begin tapering asset purchases soon despite the ongoing economic uncertainty. Federal Reserve Board Chair Jerome Powell ![]()
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