term interest

In a major shift, the Federal Reserve will start announcing four times a year how long it plans to keep short-term interest rates at current levels, according to minutes from its December policy meeting.

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 Fed’s decision was an effort to spur economic growth by lowering long-term interest rates.

The U.S. Federal Reserve kept short-term interest rates at a record low Tuesday after a meeting of the central bank's closely-followed open market committee.

The Federal Reserve’s policy-making arm decided to keep short-term interest rates near zero for “an extended period.”

The US economy is lurching towards crisis with long-term interest rates on course to double, crippling the country’s ability to pay its debts and potentially plunging it into another recession, according to a study by the US’s own central bank