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FOMC Minutes from March - No Signs of Rate Hikes

Wednesday, April 7, 2010 - 7:54 AM
From the Washington Post
On the question of when the Fed might raise its target short-term interest rate above its current range of zero to 0.25 percent, the new minutes suggest that Fed leaders continue to see plenty of signs of weakness in the economy that would justify leaving rates low.
At the bottom of the FOMC minutes you can read Thomas Hoenig's explanation of why he voted against the policy statement of "exceptionally low levels of the federal funds rate for an extended period."
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Ken TuminKen Tumin5,468 posts since
Nov 29, 2009
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