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Real Estate & Property Law

: Housing Wire

FOMC: Fed Funds Rate to Remain Low ?For Some Time?

By DIANA GOLOBAY

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The Federal Open Market Committee announced late Wednesday the outcome of its days of meetings: It decided to keep the target range for the federal funds rate at zero to 0.25 percent. The FOMC echoed projections it made in mid-December when it originally slashed the rate effectively to zero, saying on Wednesday that “economic conditions [...]

Full post as published by Housing Wire on January 29, 2009 (boomark / email).

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