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Fed Likely to Back Low-Rate Policies Despite Gains 3/19/13

Associated Press
3/19/13

WASHINGTON - The Federal Reserve is meeting today and tomorrow and will decide whether to keep interest rates at a record low.

Economists expect regulators not to take their foot off the accelerator because even though the economy is strengthening, home prices are rising and retail sales are solid, the unemployment rate - at 7.7 percent - still isn't low enough.