Fed decides to leave interest rates unchanged.... again

tylerdee

(166 posts) Send PM | Profile | Ignore

Wed Jun-23-10 01:53 PM
Original message

Fed decides to leave interest rates unchanged.... again

Just an FYI:
At the conclusion of its two-day meeting on June 23, the Federal Reserve once more decided to leave interest rates unchanged, voting to keep the federal funds rate at a range of 0 percent to 0.25 percent and leaving the prime rate at 3.25 percent.
Read the entire article

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DesertFlower

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Wed Jun-23-10 01:59 PM
Response to Original message

1. good for those buying houses

or taking loans. not good for people with a few bucks in the bank.

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dixiegrrrrl

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Wed Jun-23-10 02:44 PM
Response to Reply #1

2. Wonderful news!!!! For the banksters.

Who can now continue to borrow overnight at the Fed. to finance their gambling schemes.

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