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Back to Home » August 2011 News » Stocks soar after Fed pledges low rates into '13 |
Stocks soar after Fed pledges low rates into '13 |
August 09, 2011
WASHINGTON (AP) -- The Federal Reserve offered super-low interest rates for two more years Tuesday - an unprecedented step to arrest an economic free fall that dragged down the stock market. Wall Street roared its approval and finished a wild day with a 429-point gain....
Source URL: http://hosted.ap.org/dynamic/stories/U/US_FEDERAL_RESERVE?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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