FOMC Leaves Fund Rate at 1.00%

Newman, Emily
May 2004
Bond Buyer;5/5/2004, Vol. 348 Issue 31877, p2
Trade Publication
Reports on the statement released by the U.S. Federal Open Market Committee (FOMC) concerning the federal fund rate. Quotes taken from the FOMC statement; Key factors cited by the Federal Reserve Board (FRB) in explaining its accommodative monetary policy; Indication by the FRB of the prospect of considering raising interest rates as prices become more stable.


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