Articles tagged in interest rates

02.24.10

Ben Bernanke Testimony, Interest Rates to Remain Low

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Federal Reserve Chairman Ben Bernanke says that although the federal funds rate will remain low, facilities created by the Federal Reserve to aid the U.S. economy through a recession will be closed. Bernanke presented his Semiannual Monetary Report to the Congress on Wednesday. The chairman’s statements indicated that the Federal Reserve will continue to, “normalize its lending to commercial banks

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