{"id":4088,"date":"2012-12-14T14:32:20","date_gmt":"2012-12-14T14:32:20","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=4088"},"modified":"2012-12-14T14:32:22","modified_gmt":"2012-12-14T14:32:22","slug":"fed-plans-to-keep-interest-rates-low","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-to-keep-interest-rates-low\/","title":{"rendered":"Fed Plans to Keep Interest Rates Low"},"content":{"rendered":"<h2>Fed Plans to Keep Interest Rates Low<\/h2>\n<div id=\"attachment_4090\" style=\"width: 300px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2012\/12\/14\/fed-plans-to-keep-interest-rates-low\/id-100125063-2\/\" rel=\"attachment wp-att-4090\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4090\" class=\"size-medium wp-image-4090\" alt=\"Fed Plans to Keep Interest Rates Low, Image by renjith krishnan &amp; FreeDigitalPhotos.net\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/12\/ID-1001250631-300x225.jpg\" width=\"300\" height=\"225\" srcset=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/12\/ID-1001250631-300x225.jpg 300w, http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/12\/ID-1001250631.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-4090\" class=\"wp-caption-text\">Fed Plans to Keep Interest Rates Low, Image by renjith krishnan &amp; FreeDigitalPhotos.net<\/p><\/div>\n<p>The Federal Reserve announced Wednesday that it plans to keep <strong>interest rates<\/strong> low as long as the unemployment rate is above 6.5 percent. This was the first time that the Fed has ever identified an exact unemployment rate to be reached before it plans to raise <em>interest rates<\/em>.<\/p>\n<p>To push rates lower, the Fed will continue to buy $85 billion in Treasury securities and mortgage-backed securities each month until the unemployment rate improves.<\/p>\n<p>Since December 2008, the Fed has held short-term <span style=\"text-decoration: underline;\">interest rates<\/span> near zero. The move has helped reduce borrowing costs and helped mortgage rates reach all-time lows.<\/p>\n<p>Many of the Fed\u2019s senior officials say they do not expect the unemployment rate to reach 6.5 percent until the end of 2015.<\/p>\n<p>In November, the unemployment rate was 7.7 percent. The last time it was below 6.5 percent was September 2008.<\/p>\n<p><em>Source: \u201c<a href=\"http:\/\/www.nytimes.com\/2012\/12\/13\/business\/economy\/fed-to-maintain-stimulus-bond-buying.html?partner=rss&amp;emc=rss&amp;_r=0\" target=\"_blank\">Fed Ties Rates to Joblessness, With Target of 6.5%<\/a>,\u201d The New York Times (Dec. 12, 2012)<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed Plans to Keep Interest Rates Low The Federal Reserve announced Wednesday that it plans to keep interest rates low as long as the unemployment rate is above 6.5 percent. This was the first time that the Fed has ever identified an exact unemployment rate to be reached before it plans to raise interest rates. &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/fed-plans-to-keep-interest-rates-low\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-4088","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fed Plans to Keep Interest Rates Low - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Fed Plans to Keep Interest Rates Low. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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