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Fed holds rate, GDP contracts by 6.1% in 1st Qtr. USD falls.

posted by Avatar CountingPips 1123 days ago in USD, GDP made popular 1123 days ago

The U.S. Federal Open Market Committee concluded its monetary policy meeting by holding the U.S. interest rate steady at its record low level. The FOMC had cut the interest rate to a new target range of 0 percent to 0.25 percent on December 16th and said today...
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