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ID: 21666
Title: Fed holds interest rates at 5.25 percent (AP)
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Federal Reserve Board Chairman Ben Bernanke on Capitol Hill in Washington, DC, 18 January 2007.  The Federal Reserve kept its base rate unchanged at 5.25 percent, while highlighting signs of US economic acceleration along with easing of inflation pressures.(AFP/File/Tim Sloan)AP - Pointing to a revved-up economy and encouraging news on inflation, the Federal Reserve held interest rates steady on Wednesday and extended a half-year breather for U.S. borrowers. Wall Street surged in response.


Category: Business/US Economy/
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Date Added: January 31, 2007 10:44:13 PM
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