2% Inflation 'Most Consistent' Over Long Run; 11 of 17 Fed Officials Sees Main Rate Above 0.25% in 2014
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
- U.S. rates may rise 'fairly soon,' Brexit a concern: Fed's Powell
- Michigan governor issues state of energy emergency ahead of holiday weekend
- Fed's Kaplan sees rate hikes soon, Brexit a factor
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!