Fed Holds U.S. Interest Rates Steady
Posted on June 29, 2007 at 12:59 PM EDT
WASHINGTON - The Federal Reserve kept U.S. interest rates steady for the eighth straight time on Thursday, saying inflation worries had eased but remained a key priority for the economy. The U.S. central bank has now kept its benchmark rate at 5.25 percent since its last hike on June 29 of last year....