The Federal Reserve announced its plan on Wednesday to keep short-term interest rates near zero through late 2014. The move signals that the Fed does not expect the economy to fully recover over the next three years. With unemployment still running high, the Fed expects the economy to expand between 2.2 and 2.7 percent over this year, instead of at 2.9 percent as originally projected.
Kelly Evans writes the “Ahead of the Tape” column for The Wall Street Journal.
Lessons From a Female Union Electrician
President Obama Seeks to Narrow 'War on Terror,' A Closer Look at the IRS Inquiry, Boy Scouts to Allow Gay Members
The DSM and Mental Health in America
Defining Normal After a Diagnosis of Schizophrenia, The Mayor of Oklahoma City, A New Kind of Commencement Speech
Oklahoma High School Seniors Graduate in Tornado's Aftermath
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