Fed Keeps Interest Rates On Hold; Many Economists Believe There Won't Be Any Change Until Later This Year
Telegraph - Herald (Dubuque) › February 01, 2007
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Summary
WASHINGTON - The Federal Reserve held overnight interest rates steady at 5.25 percent for the fifth straight meeting on Wednesday, seeing little reason to act as the economy looks stronger and inflation is declining gradually.
In a statement after the meet- ing, the Federal Open Market Committee said that inflation risks remain and that additional tightening might be needed.See the full content of this document
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Fed Keeps Interest Rates On Hold; Many Economists Believe There Won't Be Any Change Until Later This Year
The statement acknowledged both firmer growth and more moderate inflation.
"Overall, the economy seems likely to ex...See the full content of this document
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