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Fed: Benchmark Rate Will Stay Low Until Late 2014 Fed: Benchmark Rate Will Stay Low Until Late 2014
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Old 01-25-2012
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Fed: Benchmark Rate Will Stay Low Until Late 2014
Federal Reserve officials said their benchmark interest rate will stay low until at least late 2014 and anticipate that unemployment will remain high and inflation “subdued.” “The Committee expects to maintain highly accommodative stance for monetary policy,” the Federal Open Market Committee said in a statement released in Washington today. “Economic conditions — including [...]

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