2011-08-10 The Federal Reserve said it would hold interest rates at ultralow levels “at least” through mid-2013, the first time the central bank put a time frame on their duration.
1.slower pace of recovery over coming quarters. Downside risks to the economic outlook have increased
2. the unemployment rate will decline only gradually” from the July level of 9.1%,
Fed: Low rates to stay till at least mid-2013 - The Fed - MarketWatch
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