Fed Keeps Rates, Says Inflation 'Largely Reflects Transitory Factors'

Fed Chairman Jerome Powell. Source: a video screenshot, Youtube, NBC News The US Federal Reserve (Fed) decided to keep the target range for the federal funds rate at 0 to 0.25%, increased GDP growth and inflation forecasts for this year, sending a hawkish signal. Chairman Jerome Powell is now holding a press briefing, where he might provide more clues about the next steps of one of the most