FED OPTS TO LEAVE RATES UNCHANGED.

Authors :: Stevenson, Richard W.
Source :: New York Times. 9/25/2002, Vol. 152 Issue 52252, pA1. 0p. 1 Black and White Photograph, 1 Graph.
Publication Year :: 2002
Abstract: Reports that United States Federal Reserve Board decided to leave official interest rates unchanged, but that two voting members opposed the decision and called for an immediate rate cut. Impact of this decision on stock markets; Significance of the split between members of the board; Fears of the board of further economic weakness and the uncertainty created by the prospect of a war with Iraq. INSET: Test of Statement by the Fed.