Fed Holds Rates At Record Low To Fuel Recovery
SOURCE: DIGG • 2009-12-17
TOPICS:
Monetary Policy • Federal Reserve System • Unemployment • Interest Rate • Recessions • Banking • Late-2000s Recession • Business_finance
[154 diggs @ World News] WASHINGTON -- The Federal Reserve has decided to hold interest rates at a record low and pledged to keep them there for an extended period to keep the recovery going and drive down double-digit unemployment.
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