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Stimulus stays until Fed sees more oomph
Seattle Times: WASHINGTON — The Federal Reserve isn’t yet convinced that the U.S. economy’s growth can accelerate without the Fed’s drive to keep borrowing costs at record lows. It wants to see sustained improvement.
That was the message Fed officials sent Wednesday, when they reinforced their plan to keep short-term interest rates at record lows at least until unemployment falls to 6.5 percent.
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