Fed: Economy Weaker Than We Thought

The Federal Reserve says it will likely keep interest rates at record lows for the next two years after acknowledging that the US economy is weaker than it had thought with increasing risks. The assessment immediately sent the Dow, which had been up triple digits all day, into negative territory….

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Fed: Economy Weaker Than We Thought

Posted by on August 9, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.