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Monday, October 01, 2012

Bernanke Says Fed to Keep Rates Low Even as Growth Rises

Bernanke Says Fed to Keep Rates Low Even as Growth Rises - Bloomberg

 “We expect that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economy strengthens,” Bernanke said today in a speech in Indianapolis. Policy makers’ forecast to hold the main interest rate near zero until at least mid-2015 “doesn’t mean that we expect the economy to be weak through” that year.



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