Fed holds rates steady, sees housing stabilizing
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The U.S. Federal Reserve held benchmark interest rates steady on Wednesday and maintained a warning on inflation risks as it noted signs of stability emerging in downtrodden housing markets.
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Japan's central bank decided Wednesday to keep its monetary policy steady, in a sign that officials consider the nation's delicate recovery still on track.
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The Bank of England appears set to hold interest rates steady for at least the next few months after revealing policymakers did not even discuss raising borrowing costs at their November meeting.
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The U.S. Federal Reserve on   Wednesday held its benchmark interest rate steady for a second   straight meeting, saying that while inflation risks remain,   they should abate as economic growth slows.
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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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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 economy slowed last month and   inflation remained in check, according to data released on   Friday, providing further support for the Federal Reserve to   hold interest rates steady when it meets next week.
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The Federal Reserve held interest rates steady yesterday, extending a yearlong breather for borrowers. Although policy makers observed improvements on inflation, they made clear they were not ready to declare victory on that front.
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The U.S. Federal Reserve on Tuesday  held benchmark interest rates steady at 5.25 percent for a  fourth straight meeting, while renewing a warning that risks  from inflation remain.
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The U.S. economy is growing robustly  despite a slowing housing sector, although inflation remains  above the central bank's comfort level, two top Federal Reserve  officials said on Monday.
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Wall Street held on to its gains after the Federal Reserve kept short-term interest rates steady.
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U.S. Federal Reserve policy-makers started a meeting on Tuesday at which they are expected to hold official interest rates steady and retain a cautionary warning about inflation risks.
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The US economy is growing robustly, despite a slowing housing sector, although inflation remains above the central bank's comfort level, two top Federal Reserve officials said yesterday.
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ALL nine members of the Bank of Englandâs Monetary Policy Committee voted to keep interest rates steady this month, minutes of the groupâs meeting published today showed.
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U.S. Federal Reserve policy-makers   started a meeting on Wednesday at which markets expect them to   hold interest rates steady, while renewing inflation warnings   and delivering an assessment of cooler economic growth.
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The rate of increase in U.S. home prices remained steady in the fourth quarter of 2006, extending the slowing trend that began earlier in the year, federal regulators reported Thursday.
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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.