Tuesday, 31 July 2007

FED FOCUS-Markets, Fed back at loggerheads on rates

(Reuters) - The Fed has held benchmark U.S. overnight lending rates at
5.25 percent since June 2006, when it closed out a 17-meeting
string of quarter-percentage-point rate hikes.




More than a year later, the subsequent interest rate
"pause" is at eight meetings and counting.


Read more at Reuters.com Bonds News

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