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2013-03-20 — washingtonpost.com
Federal Reserve officials voted Wednesday to continue pumping money into the economy and keep interest rates near zero as they wrapped up their regular policy-making meeting amid fresh signs that their massive stimulus effort is gaining traction.
All but one of the 12 members of the Fed's policy-making committee voted in favor of the plan. In a statement, the Fed said it has seen "a return to moderate economic growth" in recent months. Holding steady now suggests that the central bank views recent data showing a pickup in job growth and strength in the housing market as a validation of its course of action.
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