
#FedStaysatZeroRates#
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Fed Interest Rate Decision of July 2020 was announced at 2 pm eastern time. Same as what the market expects, fed will keep interest rates in a range between 0%-0.25%. Markets reacted little to the news, with stocks mostly holding earlier gains and government bond yields mixed. At present, the US economy is trying to get recovered from COVID-19. Will the US GDP in the second quarter make another wave tonight?
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