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An Explanation of Last Week’s Federal Reserve Statement

December 20th, 2009 · Comments Off on An Explanation of Last Week’s Federal Reserve Statement

Image via Wikipedia The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy “has continued to pick up”, that the jobs markets is getting better, and that housing market has shown “some signs of improvement” […]

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Tags: Consumer Interest · Economy · Federal Reserve