Low Interest Rates May Be Helping the Economy Recover - Forex News | IBT FX Center

Low Interest Rates May Be Helping the Economy Recover - Forex News | IBT FX Center: "After further review it seems that not issuing a hawkish statement after Tuesday's FOMC meeting may actually help the U.S. economy recover faster. Leaving the market unsure about interest rates is likely to give the economy time to stabilize and help consumers once again gain confidence.

Inflation seems to be under control with the break in energy and food prices. Consumer confidence may begin to rise if consumers see prices dropping, especially at the pump. The financial crisis seems to have stabilized. The better this situation gets, the more likely credit will loosen up for economic expansion. High unemployment and a poor housing market will take time to improve, but there is hope the longer the Fed keeps rates at current levels."