00-00-0000 FOMC restrains Fed Funds Rate At 1 Percent ISSN: 08940797 Publication Date: 09-17-2003 Page: 1 Type: Periodical Language: English The Federal exhibit Market Committee decided today to hold its target for the federal stores rate at 1 percent.
The Federal exhibit Market Committee decided today to hold its target for the federal stores rate at 1 percent. The Committee continues to believe that an accommodative stance of monetary policy, coupl with robust underlying produce in productivity, is providing important ongoing support to economic activity. The evidence accumulated above the inter-meeting period confirms that spending is firming, although the labor market has been weakening.
