Tuesday, March 2, 2021

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Home Video News Wrap: Fed keeps interest rate low, referencing ‘uncertain’ economy

News Wrap: Fed keeps interest rate low, referencing ‘uncertain’ economy

In our news wrap Thursday, the Federal Reserve kept its benchmark interest rate near zero, as was expected. Jerome Powell, chair of the Fed, spoke after a two-day policy meeting about the “extraordinarily uncertain” economic outlook. Also, the remains of Hurricane Eta dumped rain across Central America for a third day, hitting Honduras especially hard. The storm’s death toll rose to 19.

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