Friday, June 8, 2007

Fed's Moskow says inflation still biggest risk

(Reuters) - The overnight federal funds rate that the Federal Reserve has maintained at 5.25 percent for the past year is "appropriate" for now, Moskow told CNBC Television.




Moskow is a voting member of the monetary policy-setting Federal Open Market Committee this year but is scheduled to retire at the end of August.


Read more at Reuters.com Bonds News

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