(Reuters) - Bernanke's testimony to the U.S. Senate Banking Committee supported the market's view that the Fed is unlikely to lower interest rates from 5.25 percent this year.
Minutes from the central bank's June policy meeting were largely in line with market expectations, showing that officials see the housing sector as the biggest risk to growth and that core inflation is "relatively subdued".
Read more at Reuters.com Hot Stocks News
Minutes from the central bank's June policy meeting were largely in line with market expectations, showing that officials see the housing sector as the biggest risk to growth and that core inflation is "relatively subdued".
Read more at Reuters.com Hot Stocks News
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