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Fed: No Changes To Interest-Rate Policies05:56

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2 p.m. update via Associated Press: The Federal Reserve says the U.S. economy still needs support from the Fed's low interest-rate policies because it is growing only moderately.

In a statement released Wednesday after a two-day policy meeting, the Fed says it will keep buying $85 billion a month in bonds to keep long-term interest rates low and encourage more borrowing and spending.

12 p.m. The Federal Reserve is expected to emerge from its two-day policy meeting and announce its decision in a statement at 2 p.m. today.

At issue is whether the Fed will continue its bond-buying economic stimulus efforts, which are aimed at keeping long-term interest rates low and helping the economy recover.


This segment aired on October 30, 2013.