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NPR Story
3:00 am
Wed March 14, 2012
Fed Waits For Economic Growth To Pick Up
By Chris Arnold
Even as the job market is improving and other indicators are positive, the Federal Reserve wants to keep interest rates super low until 2014. The Fed reaffirmed that policy Tuesday. That's likely because the economy is still growing slowly — not nearly fast enough to sustain consistent, long-term job creation.