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Fed Rate Announcement Coming Later

The 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.

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This entry was posted on Wednesday, August 12th, 2009 at 5:59 am and is filed under Interest Rates, The Economy. 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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