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Fed Leaves Rate at Record Low

Says it wants to foster recovery

By the Associated Press

Posted Nov 4, 2009 1:43 PM CST

(AP) – The Federal Reserve today 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 says economic activity has "continued to pick up" and that the... Read full story »

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Ben Bernanke • Federal Reserve • interest rate • Fed funds rate • interest rate cut

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Fed Leaves Rate at Record Low

Says it wants to foster recovery

Ben Bernanke • Federal Reserve • interest rate • Fed funds rate • interest rate cut

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More Newser Stories

Fed Cuts Rate to 0%-0.25%

Target is record low as Reserve battles recession

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But central bank sees hope amid slow recovery

Record Low Rates Leave Investors Cold

Cut is likely tomorrow, but Wall Street wants more varied approach

Think 1% Is Low? He Could Go to Zero

Analysts predict Japan-style cuts in interest rates

Stocks Sink as Bernanke Hints at Rate Cut

After early optimistic surge, Dow falls 300 points

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