Watch FOMC Rewind: What the Fed’s December 2020 Decision Means for You
As the public health and economic risks and hardships caused by the COVID-19 pandemic continue, the Federal Reserve is committed to providing full support for the U.S. economy. The December Federal Open Market Committee meeting statement says the Fed will continue to expand purchases of U.S. Treasury and mortgage-backed securities as well as keep interest rates near zero. What does that mean for you? Let’s rewind.
December 2020 FOMC decision
Quick explainer for the December 2020 FOMC decision (video, 1:06 minutes)
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- FOMC Rewind: Fed Updates Long-run Employment and Inflation Goals
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The views expressed here do not necessarily reflect the views of the management of the Federal Reserve Bank of San Francisco or of the Board of Governors of the Federal Reserve System.