From Chris Isidore at CNNMoney: Fed: Recovery gaining strength
The Federal Reserve said the U.S. economy continues to show signs of modest improvement but signaled it will stay the course and keep interest rates low to help spur a recovery.
The central bank left its key interest rate, the federal funds rate, near 0%, the level it has been at since December 2008.
Economists surveyed by Briefing.com forecast gross domestic product, the broadest measure of economic activity, rose at an annual rate of 4.6% in the quarter.
Thursday the Senate will be voting on keeping Fed chairman Ben Bernanke for another four-year term as head of the central bank. I am putting my money on old Bennie sticking around.
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