News > Fed to meet as inflation, virus variants complicate US recovery

Fed to meet as inflation, virus variants complicate US recovery

25/07/2021 03:35 PM | Click to read full article

As rising prices and the spread of new Covid-19 variants increase risks to the US economy, Federal Reserve officials are expected to maintain their easy money policies intended to help American companies and workers survive the pandemic damage.

The bond buying program aimed to ease lending conditions during the crisis, but has come under scrutiny recently as inflation has soared to record levels.

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