DONALD LAMBRO: Fed keeps rates low in sign of faltering economy

(Before It's News)

It’s Your Backyard Ventura County   You could almost see the assembled press corps’ faces drop when the Fed’s Open Market Committee said it wanted to see “further improvement” in the U.S. labor market before raising interest rates. For months, these economic reporters have been telling us that the Obama economy was stronger than ever and that we were in […]

Tags:  bearish, Chair Janet Yellen, economy, Fed Open Market Committee, Federal Reserve, low interest rates, ZIRP

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