The Traderszone Network

Published in TZ Latest News 17 September, 2014 by The TZ Newswire Staff

Federal Reserve signals faster but still slow path for rate rises

Federal Reserve officials nudged their expected path of interest rate increases higher on Wednesday, but did little to change the outlook for a long slow climb back up to normal monetary policy. The so-called “dots” matrix from the Fed rate setters showed their median view of the appropriate federal funds rate by end-2015 at 1.375 percent versus 1.125 percent in their last projections in June. By the end of 2017, Fed officials see their target rate back at what they consider a neutral level of around 3.75 percent.

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