Fed says three years near zero

Published: Sept. 16, 2020, 8:13 p.m.

b'Thursday 17th September 2020US interest rates will be lower for longer \\u2013 that\\u2019s the takeout from today\\u2019s FOMC meeting. So, what are the implications of three, perhaps four years, of near zero rates? A question put to NAB\\u2019s Rodrigo Catril in today\\u2019s Morning Call podcast. How concerned should we be about deflation, with figures in the UK today showing a 0.4 percent fall in August? There\\u2019s also discussion on today\\u2019s labour market data for Australia, GDP numbers for Q2 for New Zealand and what to expect from the Bank of Japan and the Bank of England later on.


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