Fed Keeps Rate Unchanged
Author: K.Meadows December 16, 2009
From the AP:
WASHINGTON (AP) — The Federal Reserve has decided to hold interest rates at a record low and pledged to keep them there for an “extended period” to keep the recovery going and drive down double-digit unemployment.
But in a more upbeat assessment, the Fed says the economy has “continued to pick up” and that “deterioration in the labor market is abating,” a nod to the recent slowdown in the pace of layoffs.
To read the entire article, click Here
To celebrate rates being so low, why not get yourself a WETKEYS keyboard and mouse for the holidays? You will be putting money back into the economy and be getting a product designed to keep you healthy. It’s a win win!


read comments ( 0 )