The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought and faces increasing risks.
Fed To Keep Interest Rate Near Zero For 2 Years
StarTribune.com rss feed, Minneapolis Star Tribune
Tue, 08/09/2011 - 11:42am
Topics: economy federal reserve interest rate
RELATED ARTICLES
- US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More - Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More - Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More - Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More - US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
- US new vehicle sales rose 2.7% last year as prices and interest rates dropped a little
New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable.
01/3/2025 - 8:09 am | View Link - Gold Rose 26% In 2024. Here’s Why The Rally May Continue In 2025
On the final day of commodities trading of 2024, one precious metal ended the year having recorded some pretty spectacular gains - gold. The uptick may extend to 2025.
01/3/2025 - 1:54 am | View Link - What does 2025 hold for interest rates, inflation and the American consumer?
Brian Blank is a finance scholar and Fed watcher who researches how companies navigate downturns and make financial decisions, as well as how markets process information. Brandy Hadley is a finance ...
01/2/2025 - 10:15 am | View Link - Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac.
01/2/2025 - 6:03 am | View Link - Treasuries Post Annual Gain as Fed Starts Interest-Rate Cuts
The US Treasury market ended 2024 with a small gain as inflation resumed edging lower after the first quarter and the Federal Reserve cut interest rates three times.
01/2/2025 - 5:39 am | View Link - More
- Fed Cuts Interest Rates, but Projects Fewer Reductions in 2025
A chart of the midpoint of the federal funds target rate range which is expected to be cut a quarter of a percentage point to the range of 4.25 percent to 4.5 percent.
01/4/2025 - 12:03 am | View Website - Federal Reserve interest rate cut: December 2024
In its statement announcing the cut, the Fed now projects just two interest rate cuts for 2025. It said the unemployment rate remains low, while the rate of inflation "remains somewhat elevated."
01/3/2025 - 6:27 pm | View Website - Federal Funds Effective Rate (DFF) | FRED | St. Louis Fed
The federal funds rate is the interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight. When a depository institution has surplus balances in its reserve account, it lends to other banks in need of larger balances.
01/3/2025 - 8:18 am | View Website - Fed Rate Monitor Tool
Fed Interest Rate Decision Jan 29, 2025 02:00PM ET. 3 Weeks 5 Days 7 Hours 31 Minutes. Our Fed rate monitor calculator is based on CME Group 30-Day Fed Fund futures prices, which tend to signal ...
01/3/2025 - 6:02 am | View Website - U.S. federal funds rate 1954-2024 | Statista
After maintaining historically low rates for nearly two years, the Federal Reserve began a series of rate hikes in early 2022, with the rate moving from 0.33 percent in April 2022 to 5.33...
01/3/2025 - 5:12 am | View Website - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more