(Advertisement)

Fed seen keeping low-rate strategy

Posted: January 30, 2013 at 3:07 a.m.

The Federal Reserve, meeting this week, is likely to affirm its message that consumers and businesses will be able to borrow cheaply well into the future — even after unemployment has dropped sharply.

This story is only available from our archives.

Business, Pages 25 on 01/30/2013

(Advertisement)



« Previous Story

Rising taxes sap consumer confidence

In this Thursday, Jan. 20, 2013, photo, a woman shops at a Nordstrom store in Chicago. U.S. consumer confidence plunged in January to its lowest level in more than a year, reflecting higher Social Security taxes that left Americans with less take-home pay.  (AP Photo/Nam Y. Huh)

Consumer confidence fell in January to its lowest level in more than a year, reflecting higher Social Securit... Read »

Next Story »

Losses shrink for U.S. Steel

U.S. Steel reported a smaller fourth-quarter loss Tuesday as carmakers and other manufacturers used more steel, and it said shipments should rise in the current quarter. Read »