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The central bank’s Federal Open Market Committee said it would likely hold the federal funds rate near zero

The central bank’s Federal Open Market Committee said it would likely hold the federal funds rate near zero “at least through mid-2015. ” Hans Nichols and Michael McKee report on Bloomberg Television’s “Lunch Money”. Sept. 13 (Bloomberg) — Federated Investors Steve Auth reacts to the Federal Reserve decision to expand its… – Source

Traders works at their desks at the Frankfurt stock exchange September 6, 2012. NEW YORK (Reuters) – U. S. stocks and crude oil prices rose and the dollar weakened on Thursday as investors bet the Federal Reserve’s fresh dose of monetary stimulus would improve economic growth. The U. S. central bank… – Source

Front-month October Brent crude, which expired on Thursday, rose 94 cents to settle at $116. 90 a barrel, marking the sixth straight session the global benchmark has traded higher. Prices reached $117. 48 during the session, the highest level for Brent since the May 3 peak of $118. 45. Thomson Reuters… – Source

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