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Reuters: Fed holds rates steady, spurning calls for cuts

Started by chris, September 17, 2008, 03:00:27 AM

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chris

Fed holds rates steady, spurning calls for cuts
      


WASHINGTON (Reuters) - The Federal Reserve held U.S. interest rates steady on Tuesday and showed little inclination to lower them soon, spurning calls for cuts from financial markets roiled by the bankruptcy of investment bank Lehman Brothers Holdings Inc.
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