TITLE

FOMC Hikes Fed Funds Target 25 Bps to 4.50%

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/1/2006, Vol. 355 Issue 32310, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the raising of the federal funds rate by 25 basis points to 4.5 percent by the United States Federal Reserve Board. The decision has signaled that inflation remains a concern in the country. The hike came on Federal Reserve Board chairman Alan Greenspan's final day at the helm of the agency.
ACCESSION #
19752271

 

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