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Sunday, November 29, 2020

Fed holds key interest rate near zero as robust job growth slows

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GDP grew at a record pace in the third quarter but only after a dramatic second-quarter contraction. With companies expected to add jobs at a modest clip when October figures are released, the Fed unanimously voted to hold its key rate near zero. Insights via @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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