This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/7619860.stm

The article has changed 7 times. There is an RSS feed of changes available.

Version 2 Version 3
US leaves rates unchanged at 2% US leaves rates unchanged at 2%
(20 minutes later)
The US central bank has opted to leave interest rates unchanged at 2%, rejecting calls for a cut.The US central bank has opted to leave interest rates unchanged at 2%, rejecting calls for a cut.
While the Federal Reserve had been tipped to leave rates on hold, analysts said a cut looked likely after the recent collapse of Lehman Brothers.While the Federal Reserve had been tipped to leave rates on hold, analysts said a cut looked likely after the recent collapse of Lehman Brothers.
The Fed has sought to soothe nerves and earlier injected $70bn (£39bn) into markets to boost liquidity.The Fed has sought to soothe nerves and earlier injected $70bn (£39bn) into markets to boost liquidity.
Central banks worldwide have faced the twin threat of quickening inflation and a wider economic slowdown.Central banks worldwide have faced the twin threat of quickening inflation and a wider economic slowdown.
The US benchmark interest rate has been at 2% since April.The US benchmark interest rate has been at 2% since April.
US shares, which had risen slightly before the announcement, shed 106 points to 10,811 level. US shares, which had risen slightly before the announcement, shed 106 points to 10,811 soon after news.
Traders had hoped the central bank would cut rates in a bid to boost the economy, amid market volatility. Traders had hoped the central bank would cut rates in a bid to boost the economy.
Investment firm Lehman Brothers filed for bankruptcy on Monday while the future of insurance giant AIG remains uncertain.Investment firm Lehman Brothers filed for bankruptcy on Monday while the future of insurance giant AIG remains uncertain.