Friday, September 14, 2012

Fed: Low Rates Will Continue Through Mid-2015

The Federal Reserve didn’t do credit union executives any favors as they budget and drawing up strategic plans for 2013 and beyond.
On Thursday, the Federal Open Market Committee announced it anticipates keeping the federal funds rate “exceptionally low” through at least mid-2015.Credit union CEO says low rates continue to tighten interest income spread while industry remains "averse" to boosting fee income.-----Fed: Low Rates Will Continue Through Mid-2015:
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