Tuesday, August 09, 2011

Fed to keep interest rates low until 2013

NEW YORK (CNNMoney) -- The Federal Reserve plans to keep interest rates "exceptionally low" until at least mid-2013, the central bank announced Tuesday in response to a recent slowdown in the U.S. recovery. - Fed to keep interest rates low until 2013 - MarketWatch - CNBC.com - Bloomberg - Fed to Hold Rates ‘Exceptionally Low’ Through Mid-2013

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