WORLD US Fed keeps interest rates near zero, promises to stay there until labor market improves

WORLD

US Fed keeps interest rates near zero, promises to stay there until labor market improves

Xinhua

08:22, September 17, 2020

Photo taken on Sept. 16, 2020 shows the U.S. Federal Reserve in Washington, D.C., the United States. The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero and promised to maintain this target range until labor market conditions improve to reach maximum employment and inflation averages 2 percent over time. (Xinhua/Liu Jie)

Photo taken on Sept. 16, 2020 shows the U.S. Federal Reserve in Washington, D.C., the United States. The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero and promised to maintain this target range until labor market conditions improve to reach maximum employment and inflation averages 2 percent over time. (Xinhua/Liu Jie)

Photo taken on Sept. 16, 2020 shows the U.S. Federal Reserve in Washington, D.C., the United States. The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero and promised to maintain this target range until labor market conditions improve to reach maximum employment and inflation averages 2 percent over time. (Xinhua/Liu Jie)

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