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By Joyce Hanson, AdvisorOne |
August 30, 2011
Minutes from the Fed's Aug. 9 meeting that monetary policy makers were fully aware of the volatile global markets and issues surrounding the S&P downgrade of U.S. debt when they announced they will keep interest rates low through mid-2013.
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By Joyce Hanson, AdvisorOne |
August 9, 2011
U.S. stocks surged Tuesday after Federal Reserve policymakers announced that they planned to keep rates in a very low range for the next two years.