Tag: US interest rate

Fed Will Keep Rates Low until 2014; Gold is Rising –FOMC Meeting

January 25, 2012

In the first Federal Open Market Committee meeting for the year, which was concluded today, January 25th, it was announced the Fed will the keep currently low interests rates until late 2014; gold and silver prices sharply increased following this…

FOMC to keep rates low through mid-2013

August 10, 2011

Yesterday, the Federal Open Market Committee convened to decide on the Fed’s monetary policy and US interest rate. As expected the FOMC decided to keep the US interest rate unchanged at 0% to 0.25%. In the meeting there were no…