Fed rate vow signals recovery is a long way off

Published by admin on January 26th, 2012

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




4 Responses

  1. kevins201 says:

    Later this year we …
    Later this year we will have a true depression, their efforts have only created stagnation. The banking elite don’t give two about this country and control our presidents. Look into the globalist bilderberg group that bush,clintons and obam are all members of.? Stand up people or the banks will truly be recognized as our lords and masters.

  2. 88888FORCE says:

    Obama State of …
    Obama State of Union Seen by 37.7 Million Viewers, Nielsen Says
    Jan-25-2012– President Barack Obama, who is seeking re-election in November, drew 37.75 million viewers to last night’s State of the Union address a 12 percent decline from a year earlier.
    Obama’s 65-minute speech was watched by 13 percent fewer than the 43.4 million who tuned in for President George W. Bush’s State? of the Union in 2004, before that re-election campaign .
    INFO-AWARENESS – VIKEN Z KOKOZIAN

  3. 88888FORCE says:

    ‘US determined to …
    ‘US determined to prevent nuclear-armed Iran’
    Jan-25-2012– WASHINGTON — US President Barack Obama had tough words? for Iran and Syria in his State of the Union address Tuesday night.
    “Let there be no doubt: America is determined to prevent Iran from getting a nuclear weapon, and I will take no options off the table to achieve that goal,”
    In State of the Union address largely devoted to US economy, Obama trumpets “ironclad commitment” to Israel’s security.
    INFO-AWARENESS – VIKEN Z KOKOZIAN

  4. 88888FORCE says:

    Fed Sees Low Rates …
    Fed Sees Low Rates to 2014
    Central Bank Releases Policy Forecasts for Key Benchmark, Targets 2% Inflation
    Jan-25-2012– Federal Reserve officials said they expect to keep short-term interest rates near zero for almost three more years and signaled they could? restart a controversial bond-buying program in yet another campaign to rev up the disappointing economic recovery. The central bank’s pronouncements came after a two-day policy meeting
    INFO-AWARENESS – VIKEN Z KOKOZIAN


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