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Showing posts with label U.S. Federal Reserve bank. Show all posts
Showing posts with label U.S. Federal Reserve bank. Show all posts

11/27/2013

Regional Fed banks still split on discount rate cut/hike need

(Reuters) - One regional U.S. Federal Reserve bank continued to seek a quarter point cut in the discount rate last month while three other branches pushed for a matching hike, but the Fed Board in Washington decided to leave rates unchanged at 0.75 percent.