The Federal Reserve held interest rates near zero on Wednesday and indicated that it expected to maintain that level until the end of 2022.

All members of the Federal Open Market Committee expect the rate to remain near zero through 2021, and all but two policymakers see rates staying at historic lows through the following year. The projections are the Fed’s first since December.

The group also set a floor for its asset purchases, guaranteeing it would take in at least $80 billion in Treasurys each month and $40 billion worth of mortgage-backed securities.