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

The Central Bank Is Likely To Maintain Low Rates For An Even Longer "Extended Period" Than Expected.

Friday, June 18, 2010 - 8:29 PM
BARRONS: "...estimates on the basis of the central bank's response to inflation and unemployment, the key policy rate would be negative 5%, were that possible. Based on this model, the fed-funds rate target gets back to nil only in 2012."

http://finance.yahoo.com/banking-budgeting/article/109849/fed-to-touch-extension-chord
3
MikeMike327 posts since
Feb 22, 2010
Rep Points: 875
Reply