Fed keeps rates at record lows as economy gains steam
The Federal Reserve, in a 9-1 vote, vows to hold rates near zero for an extended period while signaling a firmer view of economic improvement. Officials note job gains, higher consumer spending, and cautious optimism amid persistent unemployment and credit tightness.
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Thomas Hoenig
Federal Reserve Bank of Kansas City
Hoenig
Ben Bemanke
Obama touts renewable energy in Missouri
President Obama tours the POET Biorefining plant in Macon Missouri as he pushes for renewables and tighter Wall Street regulation. He vows to triple U S ethanol production in 12 years while criticising Goldman Sachs executives amid a midwest campaign style tour through Missouri Illinois and Iowa.
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Obama
Goldman Sachs
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Iowa
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