Fed warns of a slowing recovery, leaves rates unchanged

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The Federal Reserve has left interest rates unchanged as it warns of a slowing economic recovery

New York The Federal Reserve left interest rates unchanged Wednesday and again stressed it would use its"full range of tools" to support the US economy during the recovery, which has slowed in recent months.

Rising Covid-19 infections are weighing on the economy, which still remains far from its pre-pandemic strength. Renewed shutdowns in various states have again hit sectors, such as leisure and hospitality, most affected by the initial lockdowns last spring.Meanwhile, the multi-month improvements in the labor market have turned sour: In December, the US economy lost 140,000 jobs.

 

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Usually what happens when these politicians raise taxes

They are CYOA for Biden. Trump won't be slowing down now.

Well no shit we have a DEM running our country. An he just raised the unemployment rate by stopping the keystone pipeline and a executive order affecting the oil and gas industry. The economy is only going to get worse the next 4 years with more and more people losing there jobs

HEY CNN. WHERE IS THE BREAKING STORY THAT THE CUOMO NURSING HOME POLICY KILLED DOUBLE THE NUMBER OF SENIORS REPORTED KINDA A BIG STORY, except for the the DNCCNN

People please they announced yesterday that the trump administration had done nothing to stop the virus please let's focus on that a lot of us have loved ones gone or very ill right now. Lets stop the trash talk and criticizing of the Biden administration. We the United States

No surprise here

I will have to go a fact check this. I can't believe anything from the Corrupt Not News organization

हजार संगठित लोग लाखों नागरिकों की मूलभूत सुविधाएं छीन लें, ऐसे किसी भी संवैधानिक अधिकार का मैं विरोध करता हूं।*धृतिवर्धन गुप्त

What did you expect from 4 years of looting.

SMDH

Innocent prisoner fire-fighters, feminists, students, pipelines, jobs, mortgages and fracking .. “If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.” - Mark Twain

Slowing economic recovery...you mean because Biden is in office Shock!...

Go check out what the Fed said 7 months ago. This isn't new projected. Thanks again Mitch McConnell and the Republican Senate of 2020.

First day in the White House and Biden kills our economy and jobs

How dare you toe the line for the billionaires who extract and game the system on the back off the hard working americans who sat in food bank lines to feed themselves this year. You should be ashamed of yourself CNN!

Courts jail n prison system still goin n ain't lost a dime r miss a beat ...how do dis goin on wit covid killin all these ppl dats free...Life

Fake news CNN

Breaking news ANTHONY ST CHARLES AROMA ORIGINALLY NOMINATED AND DECLARED BY MY FATHER LORD ALMIGHTY GOD DONGODAROMA IS ALMIGHTY LORD ALMIGHTY GOD FILD MARSHAL EMPEROR PHARAOH POPE PRESIDENT AND KING OF THE WORLD DEMOCRACY CHANGE IN THE WORLD GLOBAL GOVERNMENT AND CORRUPTION AND

But Biden said he had the answers?

Please I would like to get information out there can be air handlers with uv filters big for class room small for area but that would help open by making it safer .

trump had almost everything going financially great for the country, employmet rates were up, capital was blooming, even hit with the pandemic, trump prevailed, go trump, great job trump, see you in 2 years president trump

why does cnn always lie about everything

No shit. Biden coming in and immediately killing jobs and Kerry’s stupid comments about those in the petroleum industry can go build solar panels. Clueless.

Americans - markets down over 1,000 points under Biden, in just one week. Thousands lost in retirement plans and 15,000 jobs lost under Biden. Anyone having election remorse? Biden has no clue how to manage economy. He’s a 50 year failed politician.

The Democrats have the senate majority now.

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