Fed Meets On Future Of: ; Interest Rate

Summary


WASHINGTON - Federal Reserve policymakers are in a bind: they want to say and do things that will energize the economy, but in doing so they risk making things worse by sending signals that the recovery is in really bad shape.

Today, Fed Chairman Ben Bernanke and his colleagues on the Federal Open Market Committee will discuss whether to take any new action aimed at stimulating economic growth.

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Extract


Fed Meets On Future Of: ; Interest Rate

The pressure to act rose Friday with the release of July's disappointing jobs report. That showed the unemployment rate stuck at 9.5 percent and a third straight month of ane...

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