Fed Holds Interest Rates Steady
The Federal Open Market Committee announced Tuesday that the economy is improving well enough that it will leave interest rates unchanged and avoid any quantitative easing, so everyone carry on.
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In the hours before the Federal Reserve was scheduled to release its quarterly economic forecast, markets lifted with news that the bank would leave interest rates near zero through at least 2014.
The Federal Open Market Committee announced Tuesday that the economy is improving well enough that it will leave interest rates unchanged and avoid any quantitative easing, so everyone carry on.
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