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Wednesday, November 3, 2010

FOMC Rate Decision

Wednesday, November 3, 2010
FOMC Rate DecisionThe Federal Open Market Committee decided to keep its benchmark interest rate unchanged and low between 0.0% and 0.25% as what was already highly expected, knowing that the Feds still strongly believe that low rates will support the economy and help boost growth although the current recovery is still taking place at a slow and gradual pace and the labor market

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