Fed renews zero rate pledge, but hints at steeper rate hike path But the Fed repeated its assurance that rates would stay ultra-low for a "considerable time" after a bond-buying stimulus program ends. In a statement after a two-day meeting of its policy-setting Federal Open Market Committee, it announced a further $10 billion reduction in its monthly purchases, leaving the program on course to be shuttered next month. http://finance.yahoo.com/news/fed-could-hint-rate-hike-050311412.html go Patriots!
My post is for my entertainment, do your own DD before pushing your buy/sell buttons
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