Fed keeps tap open for now | DW News - latest news and breaking stories | DW | 19.09.2013
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Fed keeps tap open for now

With an eye on a still weak economic recovery, the US Federal Reserve says it will maintain economic stimulus at current levels for now. Known as quantitative easing, the stimulus combines $85 billion a month government and mortgage bond purchases with historically low interest rates. The Fed doesn't anticipate a rate rise before 2015.

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