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Reuters: Fed to hold rates near zero, mulls other tools

Started by chris, January 28, 2009, 04:59:12 PM

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chris

Fed to hold rates near zero, mulls other tools
      


WASHINGTON (Reuters) - The Federal Reserve resumed a policy meeting on Wednesday that some investors hoped might end with a signal it was moving closer to buying long-term government bonds now that its traditional interest rate cutting tools have been exhausted.<div class="feedflare">
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