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Fed signals near zero rates into 2013 amid gloom
The Federal Reserve pledges near zero rates possibly through mid 2013 after a split committee vote. Markets swung from gains to losses then recovered with strong Dow and NASDAQ rallies as the Fed outlines tools to spur growth despite weak labor and housing data and external shocks.
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Washington
America
Federal Reserve
Federal Open Market Committee
Fed
RDQ Economics
Japan
Federal Reserve Banks
Philadelphia
Dallas
Minnesota
U.S
Treasury Department
Treasury
Standard & Poor’s
Ben Bernanke
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Jackson Hole