Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
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