On June 10, the Federal Reserve announced it would be maintaining the target range for the federal funds rate at 0 to 1/4 percent, meeting widespread expectations that the Fed would leave interest rates unchanged and near zero to help preserve the flow of credit in an economy significantly hit by the coronavirus pandemic.  The Fed predicts no interest-rate increases through 2022.

Full Article here: Fed Rates Unchanged Amidst Coronavirus-Impacted Economy, No Increases Through 2022

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