Fed votes to hold interest rates steady

Wednesday, September 25, 2002

WASHINGTON -- Over the dissent of two of its members, the Federal Reserve on Tuesday held interest rates steady despite a wobbly economic recovery and worries about a possible war with Iraq. The dissenting pair favored a rate cut -- the first of the year.

To continue reading
For more than 115 years, the Southeast Missourian has written the first draft of local history. We have aspired to enrich, entertain, educate and inform. Our core values have remained firm: truth, service, quality, integrity and community. Support our mission.