Wednesday 10 August 2011

Fed's low rates are no fix for economy or retirees

WASHINGTON (AP) -- The Federal Reserve's plan to keep interest rates super-low for at least two more years is great news for mortgage refinancers and other borrowers. For retirees and others who need interest income? Not so great. Nor will low rates likely revive a depressed home market, energize a ...


Related News:-

  • The Fed's great rate debate


  • NEW YORK (CNNMoney.com) -- The Federal Reserve made it clear Thursday that the hike in its emergency lending rate won't mean a thing for the interest rates paid by ...

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...