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Wednesday, May. 23, 2012

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Fed sees zero interest bond rates until at least 2014

News Link • Federal Reserve

Fed sees zero interest bond rates until at least 2014

01-24-2012 • Reuters

The Federal Reserve opened a two-day meeting on Tuesday that is expected to end with a signal that interest rates will be held near zero into 2014.

Outside of words, however, the central bank appears unlikely to take any action to prop up the economy, although some officials have raised the prospect that more bond purchases will be needed.

Read Full Story

Reported by Powell Gammill

•

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Tags: federal, reserve, opened, meeting, tuesday, expected, signal, interest, outside, however, central, appears, unlikely, action

The Iron Web Larken Rose The United States is fast losing its reputation as the land of happiness an

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