Fed policymakers left the central bank's benchmark interest rate in a range of zero to 0.25 percent, where it's been since December 2008, and decided to keep its balance sheet at a record to spur the slowing economy.
Excerpts. Source: Bloomberg
Federal Reserve Chairman Ben S. Bernanke speaks about the Federal Open Market Committee's decision to maintain rates at the current level and the outlook for the U.S. economy.
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