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The Fed Holds Steady—Again

Perspectives Content Submission

Thu, 21 Mar 2013

Key Points No change in policy. The Fed voted to keep the fed funds rate target between 0.0% and 0.25%, while indicating that rates will likely remain “exceptionally low” through late 2014. The majority of voting members see short-term rates at current levels until 2015. QE continues indefinitely.

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