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In particular, the committee anticipates that weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.
The committee continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.
The Committee…continues to anticipate that economic conditions are likely to warrant except exceptionally low levels of the federal funds rate for an extended period".
Specifically, Mr. Hoenig objected to the panel's statement that "exceptionally low levels of the federal funds rate for an extended period" were still warranted.
The committee said it continued to anticipate that economic conditions "are likely to warrant exceptionally low levels of the federal funds rate for an extended period".
The committee will maintain the target range for the federal funds rate at 0 to one-quarter percent and anticipates that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period.
Similar(19)
The current exceptionally low level of interest rates will need to increase once the recovery is well established.
And how to explain that a society in which young men are deeply reluctant to use contraception also has an exceptionally low level of unwanted pregnancies?
The New York Fed researchers found that the main reason for the high risk premium was the exceptionally low level of yields.
"The rapid improvement of the situation on the financial markets together with the current exceptionally low level of interest rates could slow down structural change in the banking sector and the reform of operating practices," the Bank of Finland, a member of the E.C.B. system, said in its latest quarterly report.
Last but not least, he acknowledged that "on the basis of future market indications we will have exceptionally low level of headline inflation this year," indicating that this may be becoming a decreasing point of concern for policy makers.
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