Fed signals low rates will continue 'for an extended period' - Joseph Lazzaro

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Fed signals low rates will continue 'for an extended period'
Nov 06, 2009 09:40 PM UTC

Joseph Lazzaro

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Filed under: Forecasts, Federal Reserve, Recession, Financial Crisis

Is a Fed rate tightening up ahead any time soon? Despite concern that low, real, short-term interest rates are hurting the dollar. Don't count on it.

First, the U.S. Federal Reserve wants to encourage banks to lend -- for auto purchases, and especially for business loans -- and nothing prompts banks to lend, even in tighter capital times, like low-interest-rate or zero-interest-rate money.

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Fed signals low rates will continue 'for an extended period' originally appeared on BloggingStocks on Fri, 06 Nov 2009 16:40:00 EST. Please see our terms for use of feeds.

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