Wednesday, March 16, 2011


US Federal Reserve: 'commodity prices are transitory'

The Federal Reserve has kept US interest rates at a record low after claiming that rises in commodity prices are "transitory". Rates have been maintained at between 0pc and 0.25pc following a unanimous decision by the Federal Reserve's Open Market Committee, which sets monetary policy with a mandate to foster maximum employment and price stability. It will also continue with its $600bn (£373bn) programme of quantitative easing

Posted by hpwatcher @ 08:00 AM (1079 views)
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One thought on “Hahahahahahahhahahaha

  • cynicalsoothsayer says:

    == gold is a bubble

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