Fed Signals Plan To Keep Interest Rates Low For A “Considerable Time” [VIDEO]

Janet Yellen

Just enough concern about the overall economy to keep the Fed from making a move.

FOX News Radio’s Steve Taylor reports from Washington:

The nation’s central bank has said for months that it will hold interest rates near zero “for a considerable time” after it ends a bond buying program designed to stimulate the economy. Some analysts thought today might be the day when the Fed decides to let rates rise sooner than after a “considerable time.” But a Fed statement today uses those same words, meaning no change in policy. Fed officials say they want to see more wage growth and less long-term unemployment… before letting interest rates rise.

In Washington, Steve Taylor, FOX News Radio.

WATCH for more on this story: