FED HOLDS FEDERAL FUNDS RATE AT 5.25%
The Federal Reserve announced it would maintain the federal funds rate at 5.25%. This is the fourth month in a row that the committee did not raise the rate. The rate increased from 1% to 5.25% from June 2004 to July 2006.
The Federal Reserve announced it would maintain the federal funds rate at 5.25%. This is the fourth month in a row that the committee did not raise the rate. The rate increased from 1% to 5.25% from June 2004 to July 2006.
