Daily Business News
Wednesday, September 20, 2006
  Fed seen holding rates steady despite worries (Reuters)

Traders and clerks including Jose Carcamo (L) in the Euro Dollar pit at the Chicago Mercantile Exchange listen to the U.S. Federal Reserve announcement on interest rates March 28 2006. U.S. inflation appears to have decelerated since the last Federal Reserve meeting convincing investors the central bank will opt to keep rates steady again on Wednesday. (John Gress/Reuters)Reuters - U.S. Federal Reserve policy-makers started a meeting on Wednesday at which markets expect them to hold interest rates steady while renewing inflation warnings and delivering an assessment of cooler economic growth.


 
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