Fed Keeps Rates Unchanged
The Federal Reserve said Tuesday that it will take no new steps to boost
economic growth this year, citing mounting evidence that the American economy is
chugging slowly toward good health.
The Fed said that recent improvements in the economy came despite the
deterioration of global conditions, and it noted the continuing risk that a
European meltdown could undermine the nascent American recovery.
Read More:
http://www.nytimes.com/2011/12/14/business/economy/fed-says-economy-is-expanding-moderately.html?emc=na
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