equityresearch
Equity Research
he Federal Reserve repeated it will keep interest rates near zero for “an extended period” and specified for the first time that policy will stay unchanged as long as inflation expectations are stable and unemployment fails to decline. “Household spending appears to be expanding, but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth and tight credit,” the FOMC said after meeting in Washington.
http://www.nirmalbang.com/Upload/Daily051109.pdf
http://www.nirmalbang.com/Upload/Daily051109.pdf