Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Fed Policy Maker Warns On Low Rates Stance

Sunday, April 13, 2014 - 6:02 PM
The US Federal Reserve’s plan to keep interest rates low even once the economy is back to normal could risk a policy mistake, a Fed policy maker has warned in an interview with the Financial Times. James Bullard, president of the St Louis Fed, said he did not see a persuasive reason to think interest rates should be below their long-run level in 2016, if unemployment and inflation are back to normal.

Fed policy maker warns on low rates stance - FT.com
7
ShorebreakShorebreak2,671 posts since
Apr 6, 2010
Rep Points: 14,479
Reply