Fed Statement on Rates; Possible QE3

Fed Statement on Rates; Possible QE3 Play

Aug. 9 (Bloomberg) -- Alfred Broaddus, former president of the Federal Reserve Bank of Richmond, talks about today's Federal Open Market Committee decision to keep the benchmark interest rate at a record low through mid-2013. Broaddus talks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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