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Showing posts with label fed reserve planing. Show all posts
Showing posts with label fed reserve planing. Show all posts

Fed Reserve planning end to ultra-low interest rates

The Federal Reserve is planning how to end years of ultra-loose monetary policy in the face of a building US recovery and looming inflation fears, minutes from the latest policy meeting show.

Amid concern that sustained unrest in oil producing nations might spark entrenched inflation, minutes from the Fed's March meeting show members discussed ending long-standing policies, including ultra-low interest rates.

The Fed has kept interest rates near zero since December 2008 and bought up more than a trillion dollars in assets to help stimulate the economy.

Critics argue the bank may not be able to unravel low rates and massive stimulus spending quickly enough if inflation picks up too rapidly.

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