Hank Miller

Federal Reserve to Keep Interest Rates Low Until 2014

During the past three years the Federal Government has attempted to boost the U.S. economy and has kept the interest rate at an all time low. This was done in an attempt to counter the effects of a financial crisis that has resulted in a painful recession.  As of January 25, 2012, the Feds have announced that it is unlikely they will raise their interest rates until late 2014 at the earliest. 

Read a detailed article posted yesterday regarding how the government is trying to spur the economy.

This entry was posted on Thursday, January 26th, 2012 at 17:52 and is filed under Potpourri. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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