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Fed Sees High Unemployment Into 2015

Thu, 03/21/2013 - 11:48am
The Associated Press

Federal Reserve chairman Ben Bernanke stayed cautious in his economic projections for 2013, though he showed a little optimism due to lower unemployment claims. Bernanke says unemployment will remain high into 2015, suggesting the Fed will keep short-term interest rates near record lows at least until then.

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