Fed is optimistic about economic activity

The U. S. Federal Reserve left interest rates unchanged at 0-0.25%, as wholly expected. The decision was taken unanimously.

Indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed the economy’s recovery.
Inflation is elevated, largely reflecting transitory factors.
Broader vaccinations will continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain persisting.