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Europe Debt Crisis Shadows Fed Meeting On Economy

Monday, June 20, 2011 - 7:43 PM
Once its meeting ends Wednesday afternoon, the Fed will issue a statement that's likely to say it will leave a key interest rate at a record low near zero for "an extended period." Many economists say the U.S. slowdown means the Fed won't start raising rates until the summer of 2012, about six months later than many thought when 2011 began.

MikeMike327 posts since
Feb 22, 2010
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