WASHINGTON, Nov. 5 (Xinhua) -- The U.S. Federal Reserve on Thursday kept its benchmark interest rate unchanged at the record-low level of near zero while making no change to its pace of asset purchases amid election uncertainty and coronavirus resurgence concerns.
"Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year," the Fed said in a statement after concluding a two-day policy meeting, adding the path of the U.S. economy will depend significantly on the course of the coronavirus.