The Federal Reserve kept its pledge to keep interest rates anchored near zero and promised to keep rates there
The Fed left rates unchanged in its last meeting before the 2020 presidential election in November. It also indicated
U.S. retail sales were expected to rise by 1.0% in August, after rising 1.2% a month earlier.
The Fed is unlikely to take any policy actions Wednesday, but it is expected to say it will keep
The Federal Open Market Committee will provide its quarterly update on where it sees GDP, unemployment and inflation heading.
Going forward, the OECD expects the global economy to grow by 5% in 2021.
The Federal Reserve will keep interest rates at near zero until February 2023, according to latest CNBC Fed Survey.
U.S. consumer prices increased solidly in August, but labor market slack is likely to keep a lid on inflation
On the budget deficit, he said the federal government's spending imbalance is "getting out of hand."