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Tag: zero interest rates

No Rate Hike & More QE? – Fed Officials Saw Global Slowdown Among Risks to Economic Outlook

Federal Reserve policy makers at their last meeting said a global slowdown and a stronger dollar posed potential risks to the outlook for the U.S. economy. A number of participants said growth “might be slower than they expected if foreign economic growth came in weaker than anticipated,” according to minutes of the Sept. 16-17 Federal Open Market Committee meeting released Wednesday in[...]

Fed Renews Zero Interest Rate Pledge, Restates Jobs Concerns – Duration of Action for “Considerable Time”

The U.S. Federal Reserve on Wednesday renewed a pledge to keep interest rates near zero for a "considerable time" and repeated concerns over slack in the labor market, standing firm against calls to overhaul its policy statement. Many economists and traders had expected the central bank to alter the rate guidance it has provided since March, given generally improving data on the economy's[...]