Fed Signals That a Full Recovery Is Years Away – New York Times
 Los Angeles Times |
Fed Signals That a Full Recovery Is Years Away
New York Times WASHINGTON — The Federal Reserve, declaring that the economy would need help for years to come, said Wednesday it would extend by 18 months the period that it plans to hold down interest rates in an effort to spur growth. Fed: Interest rates unchanged, no hikes likely till 2014 Federal Reserve sees slower economic growth in 2012, but lower unemployment rate Fed expects to keep interest rates near zero |
