digg

Facebook Connect Join Digg About

Federal Reserve Holds Interest Rates at 2%

economicnews.ca — (CEP News) - The Federal Reserve announced Wednesday that it would hold the Fed funds target rate at 2.00%, as was widely expected. The accompanying statement was balanced between a concern for slowing growth and rising uncertainty in inflation. In the statement, the Fed said "overall economic activity continues to expand, partly reflecting some...

Who dugg this?

Digg DudeWhat is Digg?

Digg is a place for people to discover and share content from anywhere on the web. Digg surfaces the best stuff as submitted and voted on by the community. Take the Tour to learn more.

2 Comments

show profanity settings
expand all
  • 55mph, on 06/25/2008, -0/+1The Fed is weak! Their shareholders can't afford a higher rate. Higher interest rates is the only way to restore order to the US Dollar.
  • inactive, on 06/25/2008, -0/+1Once the long end of the yield curve starts falling, bye bye banks.....

  • Add a Comment

    Login or register to comment!
    Or, sign-in super fast with your Facebook account ...