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Wednesday, November 3, 2010

FOMC announces $600 Billion QE through June and keeps rates unchanged

Wednesday, November 3, 2010
FOMC announces $600 Billion QE through June and keeps rates unchangedThe Federal Open Market Committee ended their two day rate decision meeting in Washington and released their statement to announce keeping interest rates unchanged at the historic low rate between 0.00% and 0.25%, while announcing an extension worth $600 Billion in asset purchasing to total $850 to $900 Billion through June

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