Tuesday, April 30, 2024

Training | 2009.11.04

Fed likely to keep key interest rate at record low (AP)

File - Federal Reserve Chairman Ben Bernanke addresses a meeting of the Chicago Economic Club, in this June 15, 2006 file photo taken in Chicago. Fed Chairman Ben Bernanke and his colleagues, wrapping up a two-day meeting Wednesday, Nov. 4, 2009 are likely to note the country\'s economic and financial improvements. But they\'ll also warn that rising joblessness and hard-to-get-credit for many people and companies will restrain the rebound in the months ahead. (AP Photo/Brian Kersey, File) AP - Faced with lurking dangers to the budding recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low to entice Americans to spend more and help the economic turnaround gain traction.


 

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