Fed vows to keep rates near zero until inflation tops 2%, likely maintaining rock-bottom rates for 4 to 5 years
The Federal Reserve unexpectedly said Wednesday it will keep its key interest rate near zero until inflation runs “moderately above” its 2% goal for some time, a vow that economists say is likely to keep rates at rock bottom for the next four to five years.
4 months ago|Washington, Districtof Columbia, DC, US
BIAS DISTRIBUTION
71 news sources reported on this26 are center
L 26%
C 48%
R 26%
Fed vows to keep rates near zero until inflation tops 2%, likely maintaining rock-bottom rates for 4 to 5 years
4 months ago|Washington, United States
The Federal Reserve unexpectedly said Wednesday it will keep its key interest rate near zero until inflation runs “moderately above” its 2% goal for some time, a vow that economists say is likely to keep rates at rock bottom for the next four to five years.
Coverage analysis
71 news sources reported on this26 are center
L 26%
C 48%
R 26%
Far Left
Left
Lean Left
Center
Lean Right
Right
Far Right
+1
+13
+26
+8
+6
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Total News Sources71Leaning Left14 sourcesLeaning Right14 sourcesCenter26 sources