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Fed renews near zero rates pledge

The US Federal Reserve has renewed a pledge to keep interest rates near zero for a “considerable time” and repeated concerns over slack in the US labour market.

The US Federal Reserve has renewed a pledge to keep interest rates near zero for a “considerable time" and repeated concerns over slack in the United States labour market, standing firm against calls to overhaul its policy statement.

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Ben oversees design and development of newsroom and subscription platforms for The Age, The Sydney Morning Herald and The Australian Financial Review. Previously Ben was Deputy editor – Digital at the AFR.

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    Original URL: https://www.afr.com/policy/economy/fed-renews-near-zero-rates-pledge-20140918-jf4mk