Why the Fed wants to keep its policies in pandemic mode

<p>The Federal Reserve is not expected to raise interest rates. But it turns out some of the Fed’s peers around the world are starting to put away their pandemic relief tools. Also, a major heat wave hitting the West and Southwest means the air conditioners are on and the power grids are stressed. And, North Korean leader Kim Jong Un says the food situation there is difficult and that shortages are possible.</p>