Fed Signals a Spate of Low Interest Rates - 2003-09-17
It is music to the ears of some borrowers, but a nightmare for some savers: A key short-term interest rate could stay at a 45-year low for quite some time, Federal Reserve policy-makers hinted.
Consumers have been the main force keeping the economy going. They are keeping cash registers humming and have kept home sales brisk even as longer-term mortgage rates have crept up.
Read the full story at Miami Herald