... for the years to come. In correlation to inflation, some believe that the low rates are going to stick around for a "considerable period", however the President of the Richmond Fed has said that the reference made to a "considerable period" should be erased when the risk of a decline in inflation decreases. The committee will meet next in early December with no intentions of ... raising interest rates, though they will be putting much attention towards whether or not they think economic development has been strong enough to erase the term "considerable period" from their general stateme...

• Word Count: 516
• Approx Pages: 2
• Grade Level: Graduate