WASHINGTON — The economic recovery is on “firmer footing” but the Federal Reserve held its benchmark interest rate between zero and 0.25% and did not change its $600 billion Treasury purchase program, the Federal Open Market Committee announced Tuesday.

Energy and commodity prices “are currently putting upward pressure on inflation,” the committee said in a statement. The effects of increased prices are expected to be “transitory,” and long-term inflation expectations “have remained stable,” the FOMC said.

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