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Recession-Leary Fed Stays the Course Despite Economic Gains

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Recession-Leary Fed Stays the Course Despite Economic Gains WASHINGTON – The economy and job market are improving but borrowing rates are expected to remain low for the foreseeable future, the Federal Reserve announced today. And even though unemployment is down to 6.3 percent and “conditions have improved appreciably,” there will be no major...

Read more http://abcnews.go.com/blogs/business/2014/05/recession-leary-fed-stays-the-course-despite-economic-gains/