Wednesday, 18 September 2013

Federal Reserve maintains stimulus

Source BBC News@ tienganhvui.com


The US Federal Reserve has decided to maintain its economic stimulus scheme at the current level, despite speculation that it would start scaling it back.


In a statement the Fed said the economy had been expanding at a moderate pace and the unemployment rate "remains elevated".


They also highlighted that mortgage rates have risen recently.


The Fed has been buying $85bn worth of debt every month, to keep rates low.





Đăng ký: Tieng Anh Vui

0 comments:

Post a Comment

Translate

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by VN Bloggers - Blogger Themes