TITLE

FOMC Hikes Funds Rate 25 Bps to 1.50%

AUTHOR(S)
Newman, Emily
PUB. DATE
August 2004
SOURCE
Bond Buyer;8/11/2004, Vol. 349 Issue 31945, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the move of policymakers at the U.S. Federal Reserve Board to raise the federal funds. Identification of the upside and downside risks to the attainment of sustainable growth and price stability; Speculation for further rate increases; Plan of the Federal Open Market Committee to respond to changes in economic prospects; Announcement of Alan Greenspan on the stability of the economy.
ACCESSION #
14094567

 

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