Stock market data with uptrend vector

Fed: Recovery Slow, Short-Term Rates to Remain Low

Our smart friends at the Federal Reserve announced today that they will once again hold its Fed funds rate at the 0 percent to 0.25 percent range. The following is an official press release from the Fed regarding its decision today and a translation (for the rest of us) from our Chief Quizzologist.

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Translation of the Federal Reserve Press Release

Fed Leaves Key Rate Unchanged, Says Economic Recovery Hurt by Problems Overseas

Our super smart friends at the Federal Reserve announced today that they will once again hold its Fed funds rate at the 0 percent to 0.25 percent range. The following is an official press release from the Fed regarding its decision today and a translation (for the rest of us) from our Chief Quizzologist.

Read More →

Stock market data with uptrend vector

Fed Holds Key Rate, Sees Strength in Economy

Our smarty-pants friends at the Federal Reserve announced today that they will once again hold its Fed funds rate at the 0 percent to 0.25 percent range. Here’s the official press release from the Fed regarding its decision today and a translation (for the rest of us) from Quicken Loans Chief Economist Bob Walters.

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