PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
W S
Investments / The Ticker

Fed President: Rate hikes likely delayed till after mid-2015

watch and money
/ Print / Reprints /
| Share More
/ Text Size+

One Fed president predicted that the Federal Reserve will probably need to keep interest rates near zero for at least another year, according to an article in Reuters.

"As things get better we can kind of get back to our normal approach to policy," San Francisco Fed President John Williams told members of the Utah and Montana Bankers Association, predicting full employment and normal inflation by the "early part" of 2016.

The Fed has bought trillions of dollars of long-term securities and kept interest rates near zero since December 2008 in an effort to boost employment and keep the economy from becoming mired in a growth-sapping, downward price spiral.

Source: Reuters
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus