Economy/Business News Alert: Federal Reserve to keep interest rates unchanged; pledges to keep rates exceptionally low through mid-2013

---------------------------------------- Economy/Business News Alert: Federal Reserve to keep interest rates unchanged; pledges to keep rates exceptionally low through mid-2013 August 9, 2011 2:25:27 PM ---------------------------------------- The Federal Reserve pledged to keep its target for interest rates very low through at least mid-2013 following a policy meeting Tuesday, in an effort to support a faltering U.S. economy. This was the first time the Fed set a specific date for maintaining the low interest rates. Three members of the Fed's policymaking committee dissented from the decision to establish a date. http://link.email.washingtonpost.com/r/E5QODK/QFBPF5/LP0OIF/1JWKBB/A8TRJ/T3/h For more information, visit PostBusiness.com ---------------------------------------- Get a unique daily review and analysis of the debt, deficit and economy debate. Sign up for Behind the Government Showdown: http://www.washingtonpost.com/ac2/wp-dyn?node=admin/email/express&action=subscribe&newsletter_code=GVTSHTDN ---------------------------------------- Get breaking news alerts sent to your mobile phone. Sign up by texting NEWS to 98999. To unsubscribe, click here ---------------------------------------- ©2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071