Daily news and opinion from le Chat Marchet
June 25th, 2008 at 3:57 pm

Federal Reserve leaves key rate unchanged at 2 percent (AP)

Posted in: le Chat Marchet

A graphic of Federal Reserve Chairman Ben Bernanke and the interbank federal funds rate. (Graphics/Reuters)AP - The Federal Reserve decided on Wednesday to leave a key interest rate unchanged and cited a heightened risk of inflation, which could lead to rate increases down the road. Private analysts said the Fed may delay the first rate hike until December.


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