Financial markets have improved, but interest rate will still remain low

On Wednesday the Federal Reserve reported its new assessment of the economy state saying the growth is back again after the recession. Meantime the central bank said that it would still keep interest rates very low for a long time. Besides, the Fed also stated that it plans to slow its purchases of mortgage debt to extend that program's life until the end of March as it wants to contract its extraordinary support for the economy and markets during the recession.

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