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Federal Reserve 2006 Last Meeting

Posted by Blain Reinkensmeyer
October 25, 2006 at 2:47 pm

The Feds decide to keep rates paused in the last meeting of the year today, which was predicted and accounted for. The market at first rallied then pulled back, but now has pulled up into the green, with the Nasdaq leading the way % wise up almost a half a percent. 5.25% is the magic number until at least early 2007.

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