Correspondent, Chicago
Ann's Feed
Dec 9, 2014
Dec 9, 2014
Dec 9, 2014
Dec 9, 2014
Dec 9, 2014
Dec 8, 2014

Fed signals rate guidance likely to stay for now

By Michael Flaherty and Ann Saphir

(Reuters) – The Federal Reserve’s vow to keep interest rates near zero for a “considerable time” is likely to remain in place for now, with the U.S. central bank set to take a slow and steady approach to its first rate rise in a decade.The pledge will be up for debate again when policymakers meet next week, with a strong jobs report bolstering the case of officials who want to remove it.

But others feel it still has some shelf life, and even when officials drop it, they will almost certainly insert a placeholder to assure financial markets any rate hike is still a ways off.

Dec 8, 2014
Dec 8, 2014
Dec 8, 2014
Dec 6, 2014
    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
    • More from Ann

    • Follow Ann