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Federal Reserve's latest assessment: U.S. economy improved

Fed says the economy is getting better but the delta variant still poses risks

07/28/2021

NJ Spotlight News

Federal Reserve's latest assessment: U.S. economy improved

Clip: 7/28/2021 | 2m 27sVideo has Closed Captions

Fed says the economy is getting better but the delta variant still poses risks

The Federal Reserve has some reassuring words, saying that even with worries about the ongoing pandemic, the economy has improved. But Fed Chairman Jerome Powell said there are still some risks as the delta variant of the coronavirus spreads. The Fed decided Wednesday to hold interest rates steady, at near 0%, and said the current bout of inflation is due to transitory factors.

07/28/2021

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