News Alert: Fed offers more positive view of economy, leaves policy unchanged

	Tuesday, March 13, 2012 2:27:30 PM ECONOMY/BUSINESS NEWS ALERT Fed offers more positive view of economy, leaves policy unchanged The Federal Reserve stood pat on Tuesday, announcing it continued to plan to keep interest rates extraordinary low through at least late 2014. The Fed noted recent improvements in the economy -- especially the notable decline in the unemployment rate -- but said it still expects only moderate economic growth which will bring the joblessness rate down slowly. The Fed also noted that global financial markets have stabilized somewhat and said that though recent increases in oil and gas prices will push inflation up, this is only expected to be a temporary phenomenon. Read more at: http://www.washingtonpost.com/business/markets/fed-to-debate-whether-job-gains-will-endure-no-policy-changes-expected-after-meeting/2012/03/13/gIQAXIdc8R_story.html Or visit PostBusiness.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071  ©2011 The Washington Post Privacy Policy