Fed Fund Interest Rate Remains Unchanged

Fed Leaves Short-Term Interest Rates The Same

The Federal Reserve Board voted today to leave the closely watched Fed Funds interest rates the same at 2.00%. This is the first time that the Federal Reserve has not lowered rates since the summer of 2007.

Federal Reserve Concerned Over Inflation

Concern was also expressed about inflation and inflation expectations by the Federal Reserve, but there was no hint of an imminent rise in the Fed Funds interest rates at this point in time.