Romania: Fed formalises its inflation target at 2 pc, not to raise US interest rates until late 2014

January 26, 2012

Fed formalises its inflation target at 2 pc, not to raise US interest rates until late 2014
Jan 26, 2012

Fed formalises its inflation target at 2 pc, not to raise US interest rates until late 2014.
The Federal Reserve has said on Wednesday it does not now expect to raise interest rates in the US until late 2014, BBC informs. The surprise move sent the dollar sharply lower in markets, and caused US government borrowing costs to fall. In its regular policy statement, the central bank said (...)
[Read the article in Nine O`Clock]

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