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Fed holds interest rates steady
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Maintains monetary stimulus measures
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Sees continued economic growth and job creation
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Expects inflation to rise moderately
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Expects to maintain low interest rates for the time being
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Reiterates commitment to using all tools available to support the economy
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Emphasizes need for further progress on COVID-19 response and vaccine distribution
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Notes risks to the economic outlook, including potential for resurgence of COVID-19
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Observes recent rise in market yields but views it as mostly transitory
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Stays prepared to adjust policy as needed to support maximum employment and price stability
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