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Bernanke has thrown in towel on economy

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Post by gigichicago on Wed Aug 10, 2011 5:54 pm

NEW YORK (CNNMoney) -- Is the Federal Reserve waving the white surrender flag? It sure looks that way.

The Fed made the unusual (and unprecedented) move on Tuesday to tell the market in plain English that it intends to keep rates near zero for the next two years!

http://money.cnn.com/2011/08/10/news/economy/thebuzz/index.htm
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