Posts Tagged ‘major-shift’

Fed minutes show policymakers will start forecasting direction of key interest rate

Tuesday, January 3rd, 2012

WASHINGTON — In a major shift, the Federal Reserve will start updating the public four times a year on how long it plans to keep short-term interest rates at record lows, according to minutes from its December policy meeting. The first forecast will be included in the central bank’s economic projections after its Jan. 24-25 meeting, the minutes said. Read full article > >

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Fed minutes show policymakers will start forecasting direction of key interest rate