{"id":2696,"date":"2012-04-27T12:11:56","date_gmt":"2012-04-27T12:11:56","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=2696"},"modified":"2012-04-27T12:11:56","modified_gmt":"2012-04-27T12:11:56","slug":"fed-renews-vow-to-keep-interest-rates-low","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/fed-renews-vow-to-keep-interest-rates-low\/","title":{"rendered":"Fed Renews Vow to Keep Interest Rates Low"},"content":{"rendered":"<h2>Fed Renews Vow to Keep Interest Rates Low.<\/h2>\n<div id=\"attachment_2697\" style=\"width: 300px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/04\/low-rate-300x278.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2697\" class=\"size-full wp-image-2697\" title=\"Fed Renews Vow to Keep Interest Rates Low\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/04\/low-rate-300x278.jpg\" alt=\"Fed Renews Vow to Keep Interest Rates Low\" width=\"300\" height=\"278\" \/><\/a><p id=\"caption-attachment-2697\" class=\"wp-caption-text\">Fed Renews Vow to Keep Interest Rates Low<\/p><\/div>\n<h3>The Fed voted this week to continue its near-zero interest rates policy for the next quarter and likely much longer.<\/h3>\n<p>The move will keep mortgage <strong>interest rates<\/strong> low in the coming months, if not years.<\/p>\n<p>In recent weeks, mortgage <em>interest rates<\/em> have hovered around record lows, which has helped increase home buyer purchasing power as well as helped refinancers trim their monthly mortgage payments.<\/p>\n<p>Last summer, the Fed made a rare move in vowing to keep the key rate near zero through late 2014. The move has been criticized by some who say it will cause inflation and awards spenders, not savers. Critics have pushed the Fed to reverse its policy.<\/p>\n<p>However, the Fed says the subdued outlook for inflation has not warranted a change in its policies.<\/p>\n<p>Federal Reserve Chairman Ben Bernanke, following the Fed\u2019s policy-making committee meeting this week, affirmed the Fed\u2019s intention to continue keeping short-term<span style=\"text-decoration: underline;\"> interest rates<\/span> down until late 2014\u2014and possibly even longer.<\/p>\n<p>The Fed has kept short-term interest rates near zero since late 2008. The Fed has also acted to reduce long-term rates by purchasing Treasury securities and mortgage bonds.<\/p>\n<p>The Fed\u2019s policy-making committee also released its economic forecast, projecting moderate economic growth in the coming months before a steady pick up, as well as a gradual drop in unemployment. The committee also projects for inflation to remain under control, despite the recent rise in oil prices.<\/p>\n<p>\u201cIf there\u2019s a substantial change in the economic outlook in either direction, then there would be a change in the outlook,\u201d Bernanke said. \u201cBut for now, I think the committee is comfortable.\u201d<\/p>\n<p><em>Source: \u201cFed to Keep Interest Rate Near Zero for Extended Period,\u201d HousingWire (April 25, 2012) and \u201cFed Cuts U.S. Growth Forecast for 2013 and 2014,\u201d The New York Times (April 25, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed Renews Vow to Keep Interest Rates Low. The Fed voted this week to continue its near-zero interest rates policy for the next quarter and likely much longer. The move will keep mortgage interest rates low in the coming months, if not years. In recent weeks, mortgage interest rates have hovered around record lows, which &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/fed-renews-vow-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-2696","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 Renews Vow 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 Renews Vow to Keep Interest Rates Low. The Fed voted this week to continue its near-zero interest rates policy for the next quarter.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/fed-renews-vow-to-keep-interest-rates-low\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Fed Renews Vow to Keep Interest Rates Low\",\"datePublished\":\"2012-04-27T12:11:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/\"},\"wordCount\":326,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/04\\\/low-rate-300x278.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/\",\"name\":\"Fed Renews Vow to Keep Interest Rates Low - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/fed-renews-vow-to-keep-interest-rates-low\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2012\\\/04\\\/low-rate-300x278.jpg\",\"datePublished\":\"2012-04-27T12:11:56+00:00\",\"description\":\"Fed Renews Vow 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. 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For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fed Renews Vow to Keep Interest Rates Low - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","description":"Fed Renews Vow 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. 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