Fed holds key interest rate near zero, vows to maintain it until inflation tops 2% 'for some time' despite vibrant economy

Fed holds key interest rate near zero, vows to maintain it until inflation tops 2% 'for some time' despite vibrant economy

USATODAY.com

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The Fed held Its key rate near zero, vowed to keep it there and maintained its bond purchases. Officials called recent rise in inflation 'transitory.'

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