Economy

US Fed Holds Steady on Stimulus, Low Interest Ratesi
X
June 20, 2013 12:33 AM
Federal Reserve policymakers say U.S. monetary policy will remain unchanged despite a modest improvement in economic growth. That means long term interest rates are likely to remain at record lows for the time being. Despite assurances that the Fed will continue with the easy money policies that have boosted stock prices to record highs, financial markets remain volatile. Mil Arcega has more.

US Fed Holds Steady on Stimulus, Low Interest Rates

Published June 19, 2013

Federal Reserve policymakers say U.S. monetary policy will remain unchanged despite a modest improvement in economic growth. That means long term interest rates are likely to remain at record lows for the time being. Despite assurances that the Fed will continue with the easy money policies that have boosted stock prices to record highs, financial markets remain volatile. Mil Arcega has more.


You May Like

Koreas Mark 61st Anniversary of War Armistice

Muted observances on both sides of heavily-armed Demilitarized Zone that separates two decades-long enemies More

Judge Declares Washington DC Ban on Public Handguns Unconstitutional

Ruling overturns capital city's prohibition on carrying guns in pubic More

Pricey Hepatitis C Drug Draws Criticism

Activists are using the International AIDS Conference to criticize drug companies for charging high prices for life-saving therapies More