A commitment by the President of the Federal Reserve to maintain low interest rates helped boost stock markets Wednesday, allaying concerns that the economy would be deprived of essential crutch difficult to recover, The New York Times Javier C. Hernandez reported.
For all policy matters, Ben S. The expectations of Bernanke, lawmakers repeatedly provide the short-term rates remain near zero for a long time .. Bernanke's semi-annual Congress, the ears of the financial world is largely in line with a point estimate of interest rates.
However, there are various opinions about the low rates are good for the economy in the long term, some researchers believe that the stage of inflation. Low interest rates have been received with applause on Wall Street, as they can stimulate the growth of larger companies, especially banks, access to cheap capital benefits.
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2/27/2010
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