Fed leaves interest rate at record low following two-day meeting

Thursday, April 30th 2015 - 01:24 UTC

Full article 2 comments

The US Federal Reserve has kept its target interest rate at a record low at the end of a two-day policy meeting in Washington, DC. The US central bank has indicated it will raise rates soon, as long as the US economy continued to grow, but the timing of the increase remains uncertain. Read full article

Comments

Disclaimer & comment rules

ChrisR
“However, the sluggish growth figures suggest that that rate rise will not occur at the central bank's June meeting. Many analysts are now eyeing September instead.”

BUT WHICH YEAR?

The Fed manage to manage when things are going well: not so good when things are not so good!
Apr 30th, 2015 - 01:20 pm - Link - Report abuse 0
-+
yankeeboy
They need to raise interest rates a bit just to show the market that they can.
Apr 30th, 2015 - 02:17 pm - Link - Report abuse 0
-+
ChrisR
@ 2 yankeeboy

Exactly!

Talk about being timid!
Apr 30th, 2015 - 06:46 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!