Wednesday, June 20, 2012

Fed to Maintain Current Funds Rate

The Federal Reserve’s Open Market Committee announced Wednesday it will keep the target range for the federal funds rate at 0% to 0.25%....Fed to Maintain Current Funds Rate:

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Fed Likely to Raise Rates This Week in the Wake of New Inflation Data,

  WASHINGTON — U.S. inflation held steady in August, but a stronger-than-expected increase in underlying prices has sharply increased expect...