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federal funds rate

March 2021 US Economy Brief: Federal Funds Rate, Housing Market & New Infrastructure Bill

The US economy is recovering quicker than expected, according to Federal Reserve Chairman Jerome Powell, but he believes there is still a long way to go. Unemployment is one of the main challenges, and there are 10 million jobs less than before the COVID-19 pandemic. In order to stimulate the US economy, the Federal Reserve decided to leave the
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