NEW YORK: The Federal Reserve yesterday poured more cold water on speculation that a surprise hike to its emergency lending rate signalled a change in monetary policy, saying borrowing costs in the economy would remain low.
Fed seeks to calm markets after rate riseCourtesy Topix - Business News Sat, 02/20/2010 - 07:58
NEW YORK: The Federal Reserve yesterday poured more cold water on speculation that a surprise hike to its emergency lending rate signalled a change in monetary policy, saying borrowing costs in the economy would remain low. Related itemsInvestors are looking for help from the Fed
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