MoneyRates Blog
Federal Reserve Keeps Rates Unchanged
June 29, 2007
By MoneyRates team | Money-Rates Columnist
By MoneyRates team | Money-Rates Columnist
The Federal Reserve kept their benchmark lending rate at 5.25%. The statement released by the Fed indicates that the Fed anticipates that despite slow economic growth inflation could persist in the economy.
“Economic growth appears to have been moderate during the first half of this year, despite the ongoing adjustment in the housing sector. The economy [...]
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