Fed Chief Suggests Rates Will Hold Steady
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Ben S. Bernanke said that while inflation is still the main concern, economic growth is under control.
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The Federal Reserve, while  remaining watchful as prices and interest rates tick higher, is  holding to its mantra that rate increases will be "measured,"  senior Fed officials indicated on Friday.
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U.S. Federal Reserve policy-makers  started a two-day meeting on Tuesday that was widely expected  to conclude with a decision to hold rates steady along with a  renewed warning about inflation risks.
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Federal Reserve policymakers today held their key short-term interest rate steady and indicated they remain concerned about inflation pressures.
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Fed Chairman Alan Greenspan said today that economic expansion had "regained some traction," and suggested that the central bank would stick to its plan of gradually raising interest rates.
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CAMBRIDGE, Massachusetts  - Swings in volatile energy and food prices will have minimal impact on inflation as long as expectations of future price gains are held steady, Federal Reserve Chairman Ben Bernanke said on Tuesday.
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WASHINGTON -- Concerns about inflation trumped worries about the slumping housing market last month in the minds of Federal Reserve officials who voted to hold interest rates steady.
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U.S. Federal Reserve officials are  expected to hold interest rates steady on Wednesday, but they  are also seen renewing an inflation warning even while taking  stock of cooler economic growth.
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Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy appears on sound footing with inflation easing, and expressed confidence the current level of interest rates will cut further into price pressures.
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MURFREESBORO, Tennessee  - St. Louis Federal   Reserve Bank President William Poole said on Friday that   inflation must be kept under wraps, but if both growth and   price pressures were sufficiently weak he would back a   reduction in U.S. interest rates.
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U.S. Federal Reserve policy-makers  meeting for a second day on Thursday look set to hold borrowing  costs steady as they monitor risks that U.S. inflation could  rekindle and that economic growth may stall.
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Following is the text of a statement released by the Federal Reserve yesterday after the Fedâs monetary policy panel, the Federal Open Market Committee, decided to leave interest rates unchanged.
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The Federal Reserve opens a two-day meeting Wednesday where policymakers are likely to hold rates steady and note signs of a rebound in the US economy despite the persistent slump in housing.
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Ben S. Bernanke signaled that the Federal Reserve was not inclined to lower interest rates any time soon.
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Faced with a strengthening economy  and scant signs of runaway prices, the Federal Reserve appeared  set to keep interest rates steady on Wednesday while keeping up  a verbal guard against potential inflation.
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U.S. Federal Reserve policy-makers meeting for a second day on Thursday look set to hold borrowing costs steady as they monitor risks that U.S. inflation could rekindle and that economic growth may stall.
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The Federal Reserve could keep   benchmark interest rates steady for some time given its focus   on pulling down inflation, said Paul McCulley, managing   director of the bond fund PIMCO.