Why the Fed Is Still In No Rush to Raise Rates

Bloomberg Markets and Finance published this video item, entitled “Why the Fed Is Still In No Rush to Raise Rates” – below is their description.

The latest guidance from the Federal Reserve’s Open Markets Committee is that the jobs recovery is still uneven and inflation will be allowed to run hot until employment is back to pre-pandemic levels. In the meantime, markets can expect more bond purchases and a pause on rate rises. Bottom line? It’s a Fed that’s happy to stay on hold. Presented by @CME Group: https://www.cmegroup.com/openmarkets/economics/2021/travel-is-back-in-the-u-s—while-global-picture-looks-different.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights

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Bloomberg Markets and Finance features news about financial markets from around the world. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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