Fed Chair Powell holds press conference on economic and interest rate forecasts — 9/22/21

Federal Reserve Chairman Jerome Powell holds a press conference after the central bank wraps up its two-day policy meeting on Wednesday. The Federal Reserve on Wednesday said it may pullback its pandemic-era asset purchasing program a bit sooner than market participants expected.

“If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted,” the Federal Open Market Committee’s post-meeting statement said.

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Fed Chair Powell holds press conference on economic and interest rate forecasts — 9/22/21