World US Fed touts economic recovery, vows to keep interest rates low Updated : September 17, 2020 07:55 AM IST The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track to overshoot the US central bank's 2 percent target. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.