Posted To: MBS Commentary
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. TheProgress on vaccinations has reduced the spread of COVID-19 pandemic is causing tremendous human and economic hardship acrossin the United States and around the world.States. Amid this progress on vaccinations and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement. Inflation has risen, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and…(read more)
