Interest rates should remain low for another year

| Print |  Email
Must Reads
Monday, March 26, 2012

Short-term interest rates will remain at current levels for at least another year, economists say.

The economists say the Federal Reserve should not buy more bonds to support and stimulate the economy, as it has in the last few years, even though the policy has been effective. With the economic recovery strengthening, the economists say the Fed doesn't need to buy more bonds this year. The Fed began buying Treasury bonds during the recession after the 2008 financial crisis to try to lower long-term interest rates and help jump-start the economy.
In an election year, the growing U.S. federal deficit has drawn heightened partisan debate in Congress over spending and taxes with not much resolution in sight. The deficit is on pace to exceed $1 trillion for the fourth straight year. The gap worsened during the Great Recession when tax revenues plummeted after millions of people lost their jobs and corporate profits fell.

Read more at OregonLive.com.

{biztweet}interest rates{/biztweet}

 

More Articles

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


Read more...

City announces plans for Portland summer-league baseball team

News
Tuesday, March 10, 2015
IMG 3888BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Baseball is returning to Portland and city officials are hoping economic opportunity comes with it.


Read more...

European Vacation

Guest Blog
Thursday, April 23, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

There are winners and losers with a strengthening U.S. dollar.


Read more...

It's a Man's Man's Man's World

May 2015
Friday, April 24, 2015
BY AMY MILSHTEIN

Male tech workers speak out on the industry's gender troubles.


Read more...

6 development projects reshaping Bend

The Latest
Thursday, April 09, 2015
bendthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Bend has reclaimed its prerecession title as one of the fastest growing cities in the country.


Read more...

Get on the bus!

April 2015
Thursday, March 19, 2015
BY APRIL STREETER

How the private sector can ride the next transit revolution.


Read more...

10 Twitter highlights from #OR100Best

The Latest
Friday, February 27, 2015
100bestBY OB STAFF

Oregon Business held its  22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS