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The Federal Reserve voted Wednesday to keep interest rates at their current 41-year low, with war hanging over the economy and few signs that a recovery has taken hold.In explaining the unanimous vote, the Fed s Open Market Policy Committee gave reason to hope. Signs th
stanley italia at weakness in demand is abating and economic activity is beginning to firm have become more prevalent, the Fed said. With the forces restraining the economy starting to diminish, and with the long-term prospects for productivity growth remaining favorable and monetary policy accommodative, the outlook for economic recovery has become more promising. But the Fed warned that the degree of any strength in business capital and household spending hellip; is still uncertain and maintained its pessimistic policy outlook: that the
stanley cup risks are weighted mainly toward conditions that may generate economic weakness in the foreseeable future. Leaving borrowing costs low might motivate consumers to keep on spending and businesses to step up investment during these muddled economic times, something that would bolster economic growth, economists say. The economy has been struggling mightily to get back to sure footing after being pummeled by the 2001 recession. It grew at a respectable 4 percent rate in the third quarter of 2002, but probably slowed sharply in the final three months of last
stanley usa year.Consumers, whose spending accounts for two-thirds of all economic activity in the United States, have been keeping the ec Ngdr Gettysburg s Good News
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