AP - Fed Leaves Interest Rate at 5.25 Percent
AP Fed Leaves Interest Rate at 5.25 Percent
Wednesday September 20, 2:52 pm ET
By Martin Crutsinger, AP Economics Writer
Fed Leaves Interest Rate Steady As Falling Energy Prices Help to Restrain Inflation Pressures
WASHINGTON (AP) -- The Federal Reserve left a key interest rate unchanged on Wednesday, as falling energy prices have helped to restrain inflation pressures.
Federal Reserve Chairman Ben Bernanke and his colleagues issued a brief announcement saying they would leave the federal funds rate, the interest that banks charge each other, at 5.25 percent.
Wednesday September 20, 2:52 pm ET
By Martin Crutsinger, AP Economics Writer
Fed Leaves Interest Rate Steady As Falling Energy Prices Help to Restrain Inflation Pressures
WASHINGTON (AP) -- The Federal Reserve left a key interest rate unchanged on Wednesday, as falling energy prices have helped to restrain inflation pressures.
Federal Reserve Chairman Ben Bernanke and his colleagues issued a brief announcement saying they would leave the federal funds rate, the interest that banks charge each other, at 5.25 percent.
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