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DownWithPumpers

10/28/14 2:24 PM

#7453 RE: ThoroughBread #7450

The Federal Reserve has been working to raise interest rates for months but there's little demand for credit.

Recently interest rates turned negative even after the Federal Reserve intervened by pulling over 300 billion dollars out of the market.

http://online.wsj.com/articles/in-significant-test-fed-facility-fails-to-defend-short-term-rate-floor-1412112275