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Fed's Evans: rates low for extended period [Reuters]

Saturday, February 27, 2010 - 9:18 AM
From Reuters
A top Federal Reserve official said on Friday an erratic recovery dictates low rates for at least six months, while prominent economists said unsettled U.S. financial conditions are more of a drag on the economy than generally believed.
This is the first time I've seen a Fed official mention a specific period of time.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708