The Federal Reserve has decided to keep a key interest rate unchanged as it uses other tools to try to assist the troubled financial system.
Stocks, which initially turned lower again after the announcement, moved back into positive territory in late afternoon trading.
The central bank said it was keeping its target for the federal funds rate, the interest that banks charge on overnight loans, unchanged at 2 percent.
Earlier today, the Fed pumped an additional 50 billion dollars into the financial system through open market operations.
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