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Home / Government / Fed again pledges to hold rates at record lows (3:04 p.m. 11/4/09)

Fed again pledges to hold rates at record lows (3:04 p.m. 11/4/09)

By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. The Fed said economic activity has "continued to pick up" and that the ...

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