http://www.fxstreet.com/fundamental/interest-rates/fedwatch-fomc-meeting-august-5th/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/interest-rates/fedwatch-fomc-meeting-august-5th/2008-08-06.htmlFOMC Meeting August 5th The Fed maintained its target rate at 2%. It also reiterated its concerns regarding both growth and inflation risks. The FOMC backtracked from its previous assessment on growth. It recognized that GDP has been better than expected, but it now underlined continuing risks to growth. As expected, the balance of risks was rendered as balanced, with no suggestion of any rate change for the near futureWed, 06 Aug 2008 08:08:54 GMThttp://www.fxstreet.com/fundamental/interest-rates/fx@grupobbva.com (BBVA Group)http://www.fxstreet.com/fundamental/interest-rates/fedwatch-fomc-meeting-august-5th/2008-08-06.html