Watch FOMC Rewind: What the Fed’s June 2021 Decision Means for You
As the country begins to reopen and recover from the COVID-19 pandemic, the Federal Reserve is committed to fully supporting the economy and working towards its goals of maximum employment and price stability.
According to the Federal Open Market Committee’s June meeting statement, the Fed will continue to help support the flow of credit to households and businesses by keeping interest rates near zero and expanding purchases of U.S. Treasury and mortgage-backed securities.
The statement also noted that the rise in inflation is temporary, due to transitory factors. What does that mean for you? Let’s rewind.
June 2021 FOMC Rewind
You may also be interested in:
- What’s Behind the Recent Rise in Core Inflation?
- Weighing the Role of Supply Bottlenecks in Core PCE Inflation
- FOMC Rewind: Fed Updates Long-run Employment and Inflation Goals
- FOMC Rewind: Interest Rates Explainer
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.