Tag: Interest Rate

BUSINESS

U.S. Fed Play Wait And See

The U.S. Federal reserve is in no haste to move the interest rate from its record low of 0% since 2008. However, there is a change in its language as the word “patience” no longer populates the oft uttered statement from the Fed. The Federal Reserve chair, Janet Yellen, said it best, “Just because we removed the word patient from […]