date:Apr 11, 2014
d inflation that is helping to keep a lid on domestic price pressures.
The lack of inflation pressures in the economy suggest the Federal Reserve could keep monetary policy very accommodative for a while even as labor market slack starts to ease.
The U.S. central bank slashed overnight interest rates to a record low of zero to 0.25 percent in December 2008 and pledged to keep them low while nursing the economy back to health.
The Fed is reducing the amount of money it is pumping into the econ