Watch FOMC Rewind: What the Fed’s March 2021 Decision Means for You
The Federal Reserve is committed to supporting the U.S. economy as the COVID-19 pandemic continues to pose risks to public health and cause economic hardships. Though indicators show an improvement in economic activity and employment, the hardest hit sectors remain weakened by the pandemic. According to the March Federal Open Market Committee meeting statement, the Fed will continue to keep interest rates near zero as we as expand purchases of U.S. Treasury and mortgage-backed securities. What does that mean for you? Let’s rewind.
March 2021 FOMC Rewind
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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.