Fed holds rates near zero, says economy has gotten better even with pandemic worries

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Fed holds rates near zero, says economy has gotten better even with pandemic worries
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ICYMI: The Federal Reserve votes to leave interest rates unchanged.

As expected, the Federal Open Market Committee concluded its two-day meeting by keeping interest rates in a target range between zero and 0.25%.

Despite the optimism about the economy, Chairman Jerome Powell said the Fed is nowhere near considering a rate hike.

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