2% Inflation 'Most Consistent' Over Long Run; 11 of 17 Fed Officials Sees Main Rate Above 0.25% in 2014
- Wall Street rises in volatile session ahead of jobs data
- Market Wrap: ISM Services Slip in August; Markets Mixed Ahead of Nonfarm Jobs Data; Brady Tops Goodell in Court
- After Hours Stocks Movers 09/03: (BLOX) Higher; (VNCE) (UTIW) (PAY) (more...)
- Twitter (TWTR) Seen as 'Compelling' Ahead of Board Meeting, CEO Search Results
- Lannett (LCI) to Acquire Kremers Urban Pharmaceuticals in $1.23B + Contingency Payments Deal
Fed 2012 growth estimate lowered from 2.5-2.9% in November to 2.2-2.7%, 2% inflation "most consistent" in long run with mandate. 11 of 17 Fed officials see main rate above 0.25% in 2014. 6 of 17 officials see no rate increase before 2015.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- As Fed ponders interest rate rise timing, markets overshadow U.S. jobs report
- U.S. to Announces Sanctions for China Hacking Next Week - FT
- Florida governor declares state of emergency ahead of tropical storm Erika
Create E-mail Alert Related CategoriesFed, General News
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!