Fed Leaves Rate Low as Economic Signs Stay Weak

Fed sees rates near zero for extended period
WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday expressed growing confidence that an economic recovery was building, even as it stuck to its commitment to keep borrowing costs...

Job market has long way to go, Fed's Pianalto says
High unemployment is not a "quickly resolvable problem," but April's job gains show the economic recovery is on a firmer footing, a top Federal Reserve policymaker said on Wednesday.

World markets steady on US recovery optimism
Assurances from the Federal Reserve that the U.S. economic recovery is still on track helped support world markets Thursday, despite some bleak economic data from post-earthquake Japan.

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