Fed keeps rates at 2 percent

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The Federal Reserve held rates steady, despite calls for a rate cut to shore-up confidence in the wake of the collapse of Lehman Bros. Some analysts said the Fed was saving its ammunition and waiting to see what happens to American International Group, the latest financial firm on the brink of collapse.Conway Gittens reports from New York.SPEAKER: Mark Williams, finance professor, Boston University

Tags: Federal Reserve, collapse, Lehman Bros, American International Group

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