http://www.euronews.net/ The US Federal Reserve has said it is not likely to raise interest rates from their current exceptionally low levels until at least the back end of 2014.
That is even later than investors had expected and is part of an effort to improve the sluggish recovery in the world’s largest economy.
After a two-day policy meeting, Fed Chairman Ben Bernanke and his policymakers did not make any major revisions in their outlook for the economy, saying it still faces “significant downside risks”.
Duration : 0:1:1
