The Fed says it plans to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market.
By MARTIN CRUTSINGER, AP Economics Writer, San Francisco Chronicle
Wed, 09/17/2014 - 10:55am
The Fed says it plans to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market.