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04 Nov

Fed sees rates near zero for extended period (Reuters)

Posted in business on 04.11.09

A man walks in front of the U.S. Federal Reserve building in Washington, June 24, 2009. REUTERS/Jim YoungReuters – The U.S. Federal Reserve on Wednesday expressed growing confidence that an economic recovery was building, even though it stuck to its commitment to keep borrowing costs near zero for “an extended period.”


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