Rates stay low

WASHINGTON (AP) - The Federal Reserve on Wednesday held its bank lending rate near 0% and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. The Fed also said economic activity has "continued to pick up" and that the housing market also has grown stronger, a key ingredient to a sustained recovery.

For more on this story, go to http://www.usatoday.com.

Steve Young
RE/MAX Associates
(817) 276-5149
www.steveyoung.pro
www.steveyoungtexasrealestate.pro
steve@steveyoung.pro

If you do not want to receive emails from Steve Young, please reply with “remove” in the subject line, and I will remove you from my mailing list.

Posted via email from Steve Young's posts