Little change expected as Fed ends first meeting of Biden era

Washington (AFP) – The Federal Reserve will on Wednesday conclude its first meeting since US President Joe Biden took office, and while the central bank is certain to comment on the health of the country’s economy amid the Covid-19 pandemic, analysts say it’s unlikely to change its main policies. The policy-setting Federal Open Market Committee (FOMC) will almost certainly keep interest rates at their rock-bottom level following the conclusion of its two days of deliberations, held as the world’s largest economy endures the worst coronavirus outbreak globally with a death toll topping 420,000….

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