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Fed Reserve: Steady Now, Hoss

Amid the worst existing-home sales in 10 years and an ongoing credit crunch, the witches' coven that is the Federal Reserve is having a one-day meeting today where they're expected to hold interest rates steady. Chairman Ben Bernanke has been holding fast against resistance from regional presidents, who want to raise rates. Don't ask us how it works— it's all hocus pocus. [Reuters]