Fed leaves rates near zero

Fed leaves rates near zero Short-term interest rates will remain where they are — near zero percent — the Federal Reserve announced today. The central bank’s Federal Open Market Committee, or FOMC, kept the federal funds rate within a range of zero percent to 0.25 percent. The decision was expected. Read more on Bankrate.com

David Malpass: Near Zero Rates are Hurting the Economy

David Malpass: Near Zero Rates are Hurting the Economy By Trader Mark. Following up some excellent commentary he has been doing as a guest on CNBC (see video here) [Oct 16, 2009: The Inverse Correlation Between Stocks and the US Dollar in 1 Chart] David Malpass makes an eloquent argument on how near zero interest [...]