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Thursday, September 21, 2006
Interest rates hold, economy sighs in relief Though the Fed signalled in its voting that increases were still on the table if the economy heats up, the rate remains unchanged at 5.25 percent. The Fed rate sets the base rate for many economic transactions, because it is the minimum cost of acquiring money on the open market. Nightly Business Report coverage here. Blogger News Network is advertiser-supported, and your visits to our advertisers help BNN to meet its expenses. Help keep us afloat! posted by James Wiegand at 11:29 AM |
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