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)

Kganyago Says South Africa Rate Unchanged at 7%
01:54 - South African Reserve Bank Governor Lesetja Kganyago said the benchmark rate would be left unchanged at 7 per cent. He spoke at a monetary policy briefing in Pretoria. (Excerpt) (Source: Bloomberg)
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