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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Fed leaves rate unchanged, but for how long?

Today, the Fed's Federal Open Market Committee said it would keep its short-term interest rate at historically low levels -- between zero and 0.25 percent -- for an "extended" period of time. But just how long is "extended"? And what does it mean to you? Watch the video below to find out.

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By Frank Ahrens  |  March 16, 2010; 5:51 PM ET
Categories:  Fed Reserve , The Ticker  | Tags: Federal Reserve, fed leaves interest rate unchanged, interest rates, mortgages  
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Next: Stocks up at opening following Fed's inaction on interest rates

Comments

Proper words in proper places. We get to choose our pleasures, not our griefs. Beer is living proof that God loves us and wants us to be happy. Whatever gets your attention gets you. I'm getting another beer and there's whiskey in the jar.

Have a great day!

Posted by: tossnokia | March 17, 2010 9:44 AM | Report abuse

Change turned into unchanged. Forever turned into until I got tired of you honey. Quality never goes out of style and fashion must go on. It's nice when it happens to go off. The goofs will outperform the goons every time. So stay goofy kids.

Posted by: tossnokia | March 17, 2010 10:42 AM | Report abuse

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