Fed holds rates at zero amid ‘considerable risks,’ as economy ‘continued to recover’

The Federal Reserve on Thursday said the U.S. economy and employment improved since September, but held interest rates at near-zero as the economy continues to face “considerable risks” ahead.

“Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year,” the statement said.

Little changed in the policy statement released by the Federal Open Market Committee (FOMC), which noted that financial conditions “remain…


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