The Fed left the discount rate at 0.75%

Market news

25 January 2012

The Fed left the discount rate at 0.75%

The Fed left interest rate range for the federal funds unchanged between 0.0% and 0.25%
Interest rates remain extremely low, at least until the end of 2014
The economy is growing at a moderate pace despite the slowdown in world economic growth
There is a further improvement in the labor market, but unemployment remains high
Investment companies slowed

EURO-DOLLAR: Marginal fresh high for the day though pair thus far stalling in the area of the week's high just shy of $1.3060

German Chancellor Angela Merkel: "The problem of unemployment in the EU is solved"

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