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

US Gives Malaysia Questionable Upgrade in Human Trafficking Ranks

Malaysia’s upgrade seen as removing barrier to country’s participation in the US-led 12-nation Trans-Pacific Partnership More

Turkey, US Try to Establish Buffer Despite Differences

Coalition airstrikes in proposed zone would aim to drive out Islamic extremists, allowing targeted area to come under sway of anti-Assad rebels More

Video US: Millions Exploited by Vast Fortunes of Human Trafficking

State Department's annual report calls exploitation 'modern slavery,' brutalizing girls, women into prostitution and forcing men, women and children into low-wage jobs across the globe More