Tag Archives: Short-Term Interest Rates

Boston Fed President Eric Rosengren said that while he hopes more normalization is appropriate, at the same time it is important to carefully manage risks in the economy.

A statement from the FOMC showed that household spending and business fixed investment rose at solid rates in recent months, while the housing market continued to improve.

On the downside, government officials saw net exports fall soft, job gains slow, and the unemployment rate held steady. In addition, inflation remains under the Committee's objective of 2 percent, reflecting falling energy prices and prices of non-energy imports.