Fed again vows to hold interest rates

- Central Banking staff
- 29 Oct 2003

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

In a unanimous vote the Federal Reserve's FOMC held US interest rates steady at its Tuesday 28 October meeting. The Fed cited the remote threat of deflation and said low rates will remain "for a considerable period." A report from Associated Press said the Fed was attempting to minimise the chance of its statement being misunderstood by keeping changes to its press release to a minimum.

Source: Associated Press

The Federal Reserve left the federal funds rate at a 45-year low yesterday and repeated

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com