Fed sends mixed messages on future interest rates

yellen-first-fomc-meeting

The Federal Reserve yesterday insisted the federal funds rate could remain below normal levels once the US economy reaches full employment, while simultaneously revising up interest rate projections for 2015 and 2016.

The Federal Open Market Committee (FOMC) as expected updated its forward guidance of the fed funds rate, stating it will remain at the zero lower bound for a "considerable" time after the bank ends its monthly asset purchases, and "below levels the committee views as normal in the

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: