The Fed speaks
The Federal Reserve delivers an update on the economy and interest rate policy following a two-day meeting of policymakers Wednesday. Economists had been expecting that the central bank could announce plans after the meeting to begin reducing the Fed’s $120 billion monthly bond purchases, which are helping to lower long-term interest rates. Now analysts say that’s less likely because of data showing the economy created only 235,000 jobs in August, after gains averaging around 1 million per month in June and July.
The Week In Financial Markets
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2021-09-19T07:00:00.0000000Z
2021-09-19T07:00:00.0000000Z
https://edition.nwaonline.com/article/284043375027355
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