Lack of Inflation May Keep Interest Rates Low

money

According to a new report from MarketWatch, the Federal Reserve may consider keeping interest rates low next year.

The reasoning behind the move is due to a lack of inflation.

“Why would the Federal Reserve raise interest rates in order to slow economic growth if inflation in fact was moving lower?” Bill Gross told CNBC, vaguely, on Monday.

Image via flickr/reynermedia

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