Link: https://www.thinkadvisor.com/2021/02/23/fed-chairman-vows-to-keep-supporting-economic-recovery/
Excerpt:
The Fed will continue $120 billion in monthly bond purchases and communicate any change.
Powell doesn’t expect any large and persistent increases in inflation; some pickup will be temporary.
Powell says getting the pandemic under control is needed for the economy to reopen.
Author(s): Bernice Napach
Publication Date: 23 February 2021
Publication Site: Think Advisor