WATCH LIVE: Fed Chair Jerome Powell press conference post April 2021 decision By Investing.com

Key Points from the statement:

• Keeps target range for Fed Funds Rate at 0.00%-0.25%
• Maintains pace of QE programme ($80bln per month of US Treasuries)
• Indicators of economic activity and employment have strengthened amid progress on vaccinations and strong policy support
• Inflation has risen, largely reflecting transitory factors
• All members of FOMC voted in favour of the policy action
• Link to FOMC statement here

Watch Fed Chair Jerome Powell’s press conference live below: