Fed Holds Interest Rates Near Zero, Sees No Rate Increases for Years

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Fed Holds Interest Rates Near Zero, Sees No Rate Increases for Years
Federal Reserve Chairman Jerome Powell speaks at a press conference in Washington on Jan. 29, 2020. Samuel Corum/Getty Images
Emel Akan
Updated:

WASHINGTON—The Federal Reserve announced on Sept. 16 that it will keep U.S. interest rates near zero until it sees inflation “moderately above 2 percent for some time.”

Fed policymakers don’t predict any interest rate increases through 2023.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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