Ron Burgundy Posted August 12, 2009 Share Posted August 12, 2009 AP - A more upbeat Federal Reserve is reassuring investors that they've been making the right bets. Stocks bounded higher Wednesday after the central bank said the economy appears to be "leveling out" rather than simply shrinking at a slower rate. The Fed's more positive take on the economy compared with its assessment in June wasn't surprising but it still bolstered hopes that the economy is in fact rebounding. More... Quote Link to comment Share on other sites More sharing options...
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