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0 Fed gives a gloomier view Policy makers keep interest rates steady, but their economic outlook …

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WASHINGTON (MarketWatch) -- The Federal Reserve on Wednesday left its target for the federal funds rate at a range of zero to 0.25% and maintained its pledge to keep rates at this historic low level for an "extended period" to support the recovery. In a statement after their two-day meeting, the Fed downgraded the outlook.

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