The end of Ben S.
Bernanke’s term as Federal Reserve chairman in January 2014 hasn’t stopped
investors from betting the central bank will hold the benchmark interest rate
close to zero into the following year. Bernanke has come under attack from
Republican presidential candidate Mitt Romney, who said he won’t reappoint the
Fed chairman and criticized his policies as ineffective and a threat to price
stability.
The Federal Open Market Committee plans to release a statement today
after a two-day meeting in Washington. The Fed will release policy makers’
forecasts for unemployment, inflation and the expected path of the federal
funds rate over the next several years.
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