Fed maintains rates at record lows
WASHINGTON (AFP) - The Federal Reserve on Tuesday maintained record low interest rates in the hope of stimulating a still fragile US economic recovery, dogged by high unemployment and tight credit.
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- Record results for Daimler's anniversary... 12 minutes ago
German auto and truck giant Daimler, which owns Mercedes-Benz, said Thursday it achieved record sales and profits in 2011, its 125th anniversary year. ...more
- Rolls-Royce annual net profit jumps... 28 minutes ago
Rolls-Royce, the British maker of aircraft engines, said Thursday that net profit jumped 57 percent to £850 million ($1.35 billion, 1.01 billion euros) last year, boosted by a record order book. ...more
- Rolls-Royce profit up 21 percent, positive... 42 minutes ago
LONDON (Reuters) - Aero enginemaker Rolls-Royce posted a 21 percent rise in full-year profit, and said it expects to deliver further growth in 2012, helped by its record order book. Rolls, the world's ...more
- Diageo upbeat as emerging growth offsets... 45 minutes ago
LONDON (Reuters) - Diageo , the world's biggest spirits group, delivered an upbeat message on Thursday with strongly growing emerging markets and a slow recovery in North America helping to offset continued ...more
- Vodafone Q3 results hit by weak southern... 53 minutes ago
LONDON (Reuters) - Vodafone posted third quarter results slightly below forecasts on Thursday as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging markets and northern ...more
- UBS gives data on rivals in US tax probe... 55 minutes ago
Swiss banking giant... ...more
