Fed keeps monetary policy unchanged

In Daily Market Review, English
November 06, 2020

Fed keeps monetary policy unchanged
The results of the US presidential and congressional elections have not yet been settled. On Thursday afternoon local time, at 3:00 a.m. Hong Kong time on Friday (November 6), Fed officials maintained monetary policy unchanged, benchmark interest rates remained near zero, and asset purchases The scale also remains unchanged. The latest monetary policy statement stated that “the ongoing public health crisis will continue to affect economic activity, employment and inflation in the short term, and pose considerable risks to the medium-term economic outlook.

 


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