Business daily

US Federal Reserve to keep interest rates near zero until 2023

business daily
business daily © France 24

The US Federal Reserve has warned of an uncertain economic recovery as the coronavirus pandemic continues to hobble businesses. The central bank said it would keep interest rates near zero until at least 2023. Christian Lawrence, Senior Market Strategist at Rabobank New York, said consumers will find they need more direct stimulus, in addition to loose monetary policy. Also in the show - a damning report says Boeing and the FAA were at fault in two deadly crashes of 737 Max planes.