Fed minutes suggest low rates until 2005

The Federal Reserve's latest FOMC minutes released Thursday reinforced their regular statement that interest rates could remain low for a "considerable period" saying that they should not raise interest rates until they saw concrete signs of rising prices.

Source: New York Times

Federal Reserve policy makers concluded at their October meeting that inflation could remain low until 2005 and that they should not raise interest rates until they saw concrete signs of rising prices, according to minu