Fed repeats pledge to keep U.S. interest rates low

"Following sharp declines, economic activity and employment have picked up somewhat in recent months but remain well below their levels at the beginning of the year," U.S. central bank policymakers said in a statement issued at the end of their latest two-day meeting, which was held by videoconference.All members of the Fed's policy-setting committee voted to leave the target range for short-term interest rates at between 0% and 0.25%, where it has been since March 15 when the novel coronavirus