Economists are slashing U.S. inflation forecasts for 2015 as oil prices tumble. What’s not changing are predictions that the Federal Reserve will raise its benchmark interest rate anyway, probably around mid-year.
December 31, 2014Business
Fed Trims Economic Forecast; Holds Key Interest Rate at Record Low
Federal Reserve officials lowered their forecasts for growth and employment this year and into 2012, saying the U.S. economy “is continuing at a moderate pace, though somewhat more slowly” than previously projected.
June 22, 2011Business
Fed Keeps Interest Rate at Record Low
The Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%.
January 26, 2011Business
Fed Holds Interest Rate at Record Low
The Federal Reserve voted Tuesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%, though it cited concerns over continued high unemployment.
December 14, 2010Business
Fed Again Holds Interest Rate at Record Low
For the 13th straight time, the Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
June 23, 2010Business
Fed Again Holds Interest Rate at Record Low
For the 12th straight time, the Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
April 28, 2010