Federal Reserve unlikely to raise rates until 2014
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Updated: 10:27 AM Jan 25, 2012
Federal Reserve unlikely to raise rates until 2014
The Federal Reserve says it is unlikely to raise interest rates before late 2014, extending a period of record-low rates by more than a year. The Fed says it is keeping rates low to help lift a weak but modestly growing economy.
Posted: 10:27 AM Jan 25, 2012
Reporter: Associated Press
Email Address: tips@nbc11news.com
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  • by Black Flag on Jan 25, 2012 at 06:23 PM
    Black Heart !
    Reply
  • by Anonymous on Jan 25, 2012 at 10:58 AM
    Once you go ZIRP, you never go back.
    Reply
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