published Thu, Nov 05 2009 08:37 GMT
U.S. News & World Report - As the once free-falling economy shows tentative signs of stability, economists and investors are wondering when the Federal Reserve will reverse course and begin raising interest rates. But in a statement Wednesday after its meeting in Washington, the central bank's Federal Open Market Committee moved to maintain its benchmark interest rate at as low as zero percent, and pledged to keep rates at "exceptionally low levels" for "an extended period" of time. ...