Market Currents
The FOMC is due to wrap up a two-day meeting today, when it is likely to keep rates at 0-0.25%...
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Wednesday, June 22, 2011, 8:08 AM ETThe FOMC is due to wrap up a two-day meeting today, when it is likely to keep rates at 0-0.25% and confirm it will end its $600B bond buying scheme at the end of June. The key words in its statement will be 'extended period,' signalling the Fed has no plans to raise rates any time soon.
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