Despite signs the economy is recovering, the Federal Reserve Board announced Thursday it would keep several liquidity facilities in place into early 2010, while allowing other programs to expire.

The central bank said that four programs — the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, the Commercial Paper Funding Facility, the Primary Dealer Credit Facility and the Term Securities Lending Facility — would be extended through Feb. 1. All four had been slated to expire Oct. 30.

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