Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
Categories:

Archives:
Meta:
May 2025
S M T W T F S
« Oct    
 123
45678910
11121314151617
18192021222324
25262728293031
08/16/09
Fed says economy leveling out; rates stay at lows
Filed under: General, Business, Real Estate, Mortgages, Finance
Posted by: Lillian Wong @ 12:13 pm

The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program and indicating the recession appears to be ending.

 

The central bank also held interest rates steady at record lows, with a closely watched bank lending rate near zero, and again pledged to keep them there for “an extended period” to nurture an anticipated recovery.  more…



Bookmark and Share
Subscribe

share

Leave a Reply