https://personal.vanguard.com/us/insights/article/economic-week-review-01272012
Economic Week in Review: The Fed details its slow-growth projections
January 27, 2012
Amid some encouraging signs that the economy continues to grow modestly, Federal Reserve officials gave an unprecedented look at the details of their economic expectations. In a report issued Wednesday, the Fed signaled that it expects growth to remain modest enough to allow short-term interest rates to remain near rock bottom for even longer than it had projected in recent months. For the week ended January 27, the S&P 500 Index rose 0.1% to 1,316 (for a year-to-date total return—including price change plus dividends—of about +4.8%). The yield on the 10-year U.S. Treasury note fell 12 basis points to 1.93% (for a year-to-date increase of 4 basis points).
Fed extends its ultra-low rate pledge
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Zim.
Mad Poet Strikes Again.
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