Fed Keeps Pace of Asset Purchases as Growth Pauses

Jan. 30 (Bloomberg) -- The Federal Reserve will keep purchasing securities at the rate of $85 billion a month as the economy paused because of temporary forces including bad weather. The Fed left unchanged its statement that it planned to hold its target interest rate near zero as long as unemployment remains above 6.5 percent and inflation remains below 2.5 percent. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Russian Banks Turn to Hong Kong for Cash
40:05 - Russian banks hobbled by sanctions are exploring funding sources in Hong Kong to help the nation’s companies refinance $117 billion in external debt due in the coming year. Bloomberg's David Ingles reports on "First Up." (Source: Bloomberg)
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