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Stretch of Rabobank Sees Fed Rates on Hold 'Well Into 2008'
Jeremy Stretch, a senior currency strategist at Rabobank Groep, talks with Bloomberg's Mark Barton and Naga Munchetty in London about Federal Reserve interest rates, the outlook for the euro-dollar rate and consumer prices in Japan. The Federal Open Market Committee yesterday said the decline in its preferred gauge of inflation isn't enough to satisfy policy makers. The panel yesterday also kept the benchmark interest rate at 5.25 percent. (Source: Bloomberg)
Bloomberg | June 29, 2007
