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

Unpaid Kurdish Fighters Sign of Economic Woes

Sharp cuts in Kurdistan's budget by Baghdad, falling oil revenue, coping with refugees, inflated public sector have hit regional economy hard More

Koreas Exchange List of Envoys for Family Reunion Talks

Officials will discuss date, venue and number of participants for reunion; Seoul hopes to hold event late this month More

China Targets 197 in Online Speech Crackdown

Nearly 200 punished for 'spreading rumors' online in ongoing crackdown on free speech More