http://finance.yahoo.com/news/no-end-sight-fed-stimulus-040556215.html
"The U.S. Federal Reserve said on Wednesday it will continue buying $85 billion in bonds each month to keep interest rates low and spur growth, and added it would step up purchases if needed to protect the economy." The Fed says the economy is expanding moderately, and that inflation should stay low. While the economy is growing moderately the Fed is worried about growth in the future saying that fiscal policy is hindering growth. Obviously this is not a good sign as we all wish the economy will soon be on the up swing.
I agree but if the Federal Reserves are trying to hold the interests rates down to our benefit we need to spend money to show some expansion in our economy. We need to put our part into this process of getting our economy back on track.
ReplyDeleteI agree but if the Federal Reserves are trying to hold the interests rates down to our benefit we need to spend money to show some expansion in our economy. We need to put our part into this process of getting our economy back on track.
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