4 Reasons The Fed Wont Raise Interest Rates Anytime Soon

Dated: 03/31/2014

Views: 224

Federal Reserve Chair Janet Yellen said early Monday that the economy and the job market are still ailing and that they will need “extraordinary” assistance from the central bank in the form of low interest rates “for some time.”It was three words about short-term interest rate policy that sent out more reassurance for investors than her three words March 19 – “about six months” – which sent markets into a spiral. After last week’s Federal Open Market Committee meeting, Yellen said that the Fed could start raising short-term rates “about six months” after it completed its ongoing tapering of Treasury and bond purchases, which most expect to be unwound by the fourth quarter of 2014. Read more...
m
Blog author image

Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

Latest Blog Posts

Everything You Need To Know About Employer Relocation Packages

Moving for work? Make sure you know exactly how much help you can expect from your employer.If your company has asked you to move to a new city or state for work, you’re not alone. Each year,

Read More

How To Paint Brick

Pondering how to paint brick, or even if you can paint brick? Well, for the most part it's entirely doable—and can give your old fireplace or brick house an easy face-lift. But you'll want to plan

Read More

Youll Never Guess The Hottest Remodel Of 2018

The hottest remodeling jobs of the year aren't all about installing new kitchen cabinets or countertops, putting an eye-catching backsplash above the stove, or adding a sleek yet functional kitchen

Read More

Preparing For Emergencies As Part Of Your Move In Process

I know, one more thing to add to your to-do list when you’re moving into a new house. That’s the last thing you need. Unfortunately disaster tends to strike at inconvenient times, so why not

Read More