Fed stands pat, notes economic activity and employment have picked up somewhat

<p>Fed kept federal funds rate unchanged at 0-0.25% as widely expected. It also maintain the pledge to use its &#8220;full range of tools to support the  U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.&#8221; Also, Fed will continue to &#8221; increase its holdings of Treasury securities and agency residential [&#8230;]</p>
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