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Fed Expected to Hold Rates Steady

The Federal Reserve FOMC will announce their rate and policy statement later today.  They are expected to keep the current Fed Funds Rate at 0% to .25%, which would keep the Prime Rate at 3.25%.

See:
http://www.moneycafe.com/library/fedfundsrate.htm
http://www.moneycafe.com/library/primerate.htm

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This entry was posted on Wednesday, June 24th, 2009 at 6:09 am and is filed under Interest Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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