Fed, staying put, seeks signals for next move

This article published Thursday 21 September by Bloomberg says that the Federal Reserve's decision to leave US interest rates unchanged on Wednesday indicates they still want to see how matters unfold before doing anything else.

John Berry speculates that the FOMC may hold the lending rate target at 5.25 percent for the rest of this year and into 2007.

"In fact, it could well be that the Fed's next change in the target will be a reduction rather than an increase."

"Jeffrey M. Lacker, president of

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