Why the Fed might not raise rates anytime soon

There are still 6-year olds who haven't lived in a world with positive interest rates. The question now is whether there will be 7-year olds who haven't.That's because the Federal Reserve just decided to keep interest rates at zero for at least a little longer. It did so, after it had signaled that it might raise them for the first time in almost a decade, due to dormant inflation at home and financial turmoil in the rest of the world. But despite that, 13 of the Fed's 17 members think this is just a bump in the road, and not a detour, from their plans to start raising rates by the end of the ......(read more)

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