Wednesday, November 4, 2009

Breaking News: Fed again holds rates at record lows

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***USATODAY.com Breaking News***
WASHINGTON (AP) - The Federal Reserve on Wednesday held its bank lending rate near 0% and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. The Fed also said economic activity has "continued to pick up" and that the housing market also has grown stronger, a key ingredient to a sustained recovery.
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