Fed Aims to Signal Shift on Low Rates Central Bank Could Drop ‘Considerable Time’ Phrasing in Policy

Discussion in 'Wall St. News' started by Cdntrader, Dec 8, 2014.

  1. http://www.wsj.com/articles/feds-considerable-time-policy-phrase-takes-focus-1418071999

    Fed Aims to Signal Shift on Low Rates
    Central Bank Could Drop ‘Considerable Time’ Phrasing in Policy Statement
    ENLARGE
    Federal Reserve Chairwoman Janet Yellen, shown in October, is in position for the first time in a decade to start of a round of interest-rate increases. ASSOCIATED PRESS
    By
    JON HILSENRATH
    Updated Dec. 8, 2014 6:30 p.m. ET
    9 COMMENTS
    Federal Reserve officials are seriously considering an important shift in tone at their policy meeting next week: dropping an assurance that short-term interest rates will stay near zero for a “considerable time” as they look more confidently toward rate increases around the middle of next year.
     
    Last edited: Dec 8, 2014
  2. loyek590

    loyek590

    you know what I miss? The good old Spencer Steak
    man, those were the days