however cautioned that the outlook remains highly uncertain, and both the central bank and Congress may have to do more to boost the recovery.
"The ongoing public health crisis will weigh heavily on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term," the central bank warned. As a result, the FOMC will keep the key rate at zero"until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals."
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