Fed keeps Fed funds range unchanged at 0.0% to 0.25%

Market news

25 April 2012

Fed keeps Fed funds range unchanged at 0.0% to 0.25%

- FOMC: Voted 9-1 for Fed funds rate action
- Fed leaves discount rate unchanged at 0.75%

FOMC: Fed funds to stay exceptionally low at least to late 2014

European stocks closed in plus: FTSE 100 5,718.89 +9.40 +0.16%, CAC 40 3,233.46 +64.14 +2.02%, DAX 6,704.5 +114.09 +1.73%

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