Re:Fed Ends Zero-Rate Era
by woody223 on Wednesday December 16, 2015 @02:16PM
(#10746505)
From the FOMC statement, it doesn't sound like the low rate environment will disappear too suddenly:
"The Committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run."
"The Committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run."