Industry News

Fed keeps federal funds rate at 5.25%

Inflation worries still outweigh risk of recession
Published on May 9, 2007

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by CareyBot

There’s still a risk that inflation won’t stay in check, despite the ongoing downturn in the housing market, members of the Federal Reserve’s Open Market Committee said Wednesday in keeping the short-term federal funds rate at 5.25 percent. While some ...

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