Fed Keeps Rates Unchanged
Wednesday, August 12th, 2009The Fed held steady today on the Fed Funds Rate keeping it in a range between 0% and .25%. The Prime Rate should remain unchanged at 3.25%.
Archive for August 12th, 2009
Fed Rate Announcement Coming Later
Wednesday, August 12th, 2009The Federal Reserve (FOMC) will announce its decision regarding rates later today. We expect the FOMC to hold steady on the Fed Funds Rate. Because of this, we expect no changes to the Prime Rate.
