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$38
By Elliot D. Cohen $67.45
$23
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 Medill DC (CC BY 2.0)
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The Federal Reserve ended its do-little policy on Thursday, pledging to keep interest rates near zero and announcing an open-ended commitment to buy bonds and possibly take other steps to push the economy into motion.
Posted on Sep 13, 2012
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 rosebennet (CC-BY)
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The Federal Reserve lent weight to economists’ warnings of a long and slow recovery on Wednesday when it announced plans to keep short-term interest rates near zero for at least the next three years. The idea is that low rates will encourage borrowing and investment in American businesses, helping resurrect the economy.
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