Quantcast
Channel: Crain's Detroit Business
Viewing all articles
Browse latest Browse all 346

As Fed meeting begins, decision on interest rate hike a toss-up

$
0
0
Martin Crutsinger AP Economics Writer - WASHINGTON — Will they or won't they? Nine years after they last raised their benchmark interest rate and after months of feverish speculation, Federal Reserve policymakers this week may finally raise that rate from a record low near zero. Unless they don't. Financial markets have been zigzagging with anxiety as investors have tried to divine whether the Fed will start phasing out the period of extraordinarily low borrowing rates it launched at a time of crisis in 2008. With the job

Viewing all articles
Browse latest Browse all 346

Trending Articles