Financial Times FT.com

Fed signals rates to remain low for some time

By Dave Shellock

Published: June 24 2009 19:34 | Last updated: June 24 2009 22:32

Wall Street stocks were mixed and Treasury bond prices fell yesterday even as the Federal Reserve offered no nasty shocks with its latest policy comments.

The Fed, as expected, left interest rates unchanged after a two-day meeting and repeated that borrowing costs would stay exceptionally low for some time.

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