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Get used to higher interest rates
Today, Explained
The Fed's Decision to Keep Interest Rates at a Record Low
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The Federal Reserve has decided to keep interest rates at a record low. With the economy continuing to bleed jobs and credit still hard to come by, the central bank said it will employ a new tool hoping to boost the economy out of the recession. The American Recovery and Reinvestment Act that I will sign today is the most sweeping economic recovery package in our history.
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