Tuesday, 05 June 2007

Goldman now sees no Fed rate cuts in 2007 and 2008

(Reuters) - "However, although real growth has slowed as anticipated, the absence of any tangible evidence of rising unemployment makes it unlikely that Fed officials will cut the funds rate target."




The Fed's benchmark overnight target lending rate, the federal funds rate, stands at 5.25 percent.


Read more at Reuters.com Bonds News

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