“Federal Reserve officials insist that the outlook for interest rates depends on how economic data evolves and isn’t driven by the calendar. They are nevertheless offering various views on the probable timing of the first increase since 2006. The Fed’s pledge that interest rates will stay low for a ‘considerable time’ could mean anything from two months to one year, Vice Chairman Stanley Fischer said today. New York Fed President William C. Dudley said this week that forecasts for an increase in mid-2015 are ‘reasonable.’ Today, San Francisco Fed President John Williams said that timeframe is a ‘reasonable guess to my mind.'”
http://www.bloomberg.com/news/2014-10-09/fischer-says-considerable-time-is-2-months-to-a-year.html
(Visited 33 times, 1 visits today)
Related posts:
Gene Editing With Electrical Fields: A Cancer Revolution?
EBay asks 145 million users to change passwords after cyber attack
American Dream Slipping as Homeownership at 18-Year Low
Soldiers suspected of plotting to kill Obama face death penalty
Hacker finds flaw in hotel locks, can ruin your vacation with $50 DIY gadget
OECD seeks inspiration from FATCA model
China trying new form of ‘Internet censorship’ ahead of Tiananmen Square crackdown anniversary
UN finds Syria war crimes 'on both sides'
China's new $16bn gold fund at centre of new 'Silk Road'
Bitcoin’s Big Year and Uncertain Future
China Awash in Money; Leaders Start to Weigh Raising the Floodgates
Amash: Syria strike supporters 'might as well start cleaning out your office'
Twitter: Government user data requests have risen 20 percent
FDA's New War On Imodium Was Supposedly Prompted By Two (2) Deaths
Women in combat no later than 2016, Pentagon says