Fed policymakers double down on vow to keep interest rates near zero
Hoping to convince investors they will keep monetary policy super easy for years, two Federal Reserve officials on Wednesday explicitly pledged no rate hikes until inflation gets to 2% and stays there.The Fed's governing board made that vow last week at its regularly scheduled policy meeting, promising to leave rates at their current near-zero levels until the economy reaches full employment, inflation has risen to 2%, and is on track to moderately exceed that level.Both Fed Vice Chair Richard C
Read more »