Fed's Quarterly Interest Rate Forecasts to Begin Later This Month

The Federal Reserve plans to provide quarterly updates to the public about its how long it will keep short-term interest rates at record levels. The rate forecasts will start later this month. The Fed currently plans to keep the record low short-term rate through mid-2014. Low interest rates make it difficult for people to earn very much money through savings accounts or CDs. Take a look:

Posted on January 3, 2012

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