![]() Globe and Mail | Divided Fed says likely to keep rates low through mid-2013 Los Angeles Times The Federal Reserve on Tuesday sharply downgraded its outlook for the American economy and took the extraordinary step of signaling that it would hold short-term interest rates at exceptionally low levels "at least through mid-2013. ... Fed to Markets: You're on Your Own Fed promises to keep rates low for at least 2 yrs Fed: Low rates to stay through at least mid-2013 |
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