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Divided Fed says likely to keep rates low through mid-2013 The
Federal Reserve on Tuesday sharply downgraded its outlook for the American economy and took the extraordinary step of signaling that it would hold short-term interest rates at exceptionally low levels "at least through mid-2013.
... read moreTreasury 2-Year Notes Rise After Federal Reserve Extends Low-Rate Policy 9 (Bloomberg) -- The
Federal Reserve pledged for the first time to keep its benchmark interest rate at a record low at least through mid-2013 in a bid to revive the flagging recovery after a worldwide stock rout. Three members of the Federal Open
... read moreStocks Soar Most in Two Years, S&P 500 Up 4.8% Traders watch prices after the announcement that the US
Federal Reserve Bank will leave interest rates 'exceptionally low' until 2013, on the floor of the New York Stock Exchange on
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