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The Federal Reserve sounded a more confident note Wednesday that the economy is strengthening but pledged to hold rates at record lows to make sure it gains traction.
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                    [Title] => Record low rates needed to rev up US recovery
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Record-low interest rates are still needed to energize the economic recovery, a Federal Reserve official said Tuesday.
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THOMAS HOENIG

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abtest

US Fed keeps interest rates at historic lows

April 30, 2010 - 12:00am

The Federal Reserve sounded a more confident note Wednesday that the economy is strengthening but pledged to hold rates at record lows to make sure it gains traction.

Business

Record low rates needed to rev up US recovery

March 25, 2010 - 12:00am

Record-low interest rates are still needed to energize the economic recovery, a Federal Reserve official said Tuesday.

Business