Low Rates To Continue

The Fed is going to continue pushing money into economy by buying debt.


From DS News

FOMC Maintains Policy Stance to Hold Down Rates

Pointing to slow employment growth and an "elevated" unemployment rate, the Federal Open Market Committee said Wednesday the Federal Reserve "will continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month." At the same time, the FOMC said it would maintain the target federal funds rate at 0 to 1/4 percent and said the "exceptionally low levels for the federal funds rate are likely to be warranted at least through mid-2015." » Read More



- sunil



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