Thursday, Jun 28, 2007
No change for US base rate
BBC News: Fed keeps rates steady at 5.25%
The US Federal Reserve has left its main interest rate unchanged at 5.25%, saying it had concerns that inflation may fail to "moderate". It was the eighth time in a row that the Fed had left interest rates unchanged, and many analysts said rates may now stay where they are this year.
Posted by Webmaster @ 10:30 PM (106 views) Add Comment
2 Comments
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1. Orwell said...
Good ,
Looks like they will stay put here as well....
2. royston said...
US interest rates are stuck in neutral! If they cut, inflation will run away. If they raise rates, they will trigger a recession.