Morning Business Report: Fed holds interest rates steady

Morning Business Report: Fed holds interest rates steadyThe Federal Reserve held interest rates steady for the fifth meeting in a row, though three voting members indicated they are ready to raise rates. (LILAMAX)- The Federal Reserve held interest rates steady for the fifth meeting in a row, though three voting members indicated they are ready to raise rates. For consumers, that means borrowing costs on products such as car loans and credit cards are likely to remain steady for now. Rates on high-yield savings accounts and certificates of deposit are also expected to remain near current levels rather than falling. Wholesale whole-wing prices are down compared with a year ago, according to a July market report from Performance Foodservice.