Fed not seen raising rates

09/22/2009 | Reuters

The Federal Reserve meets today, but analysts don't expect it to raise interest rates, as there is no immediate threat of inflation. "Since the FOMC last met in August, the inflation data has not changed very much," Marc Chandler, global head of currency strategy at Brown Brothers Harriman, wrote in a note to clients. It is likely that the target rate will remain at zero to 0.25% until 2010, and perhaps longer -- but the Fed is expected to slowly wind down economic-stimulus measures.

View Full Article in:


Published in Brief: