Ackerman, Andrew; Siegel, Gary E.; Ferris, Craig T.
February 2006
Bond Buyer;2/16/2006, Vol. 355 Issue 32321, p2
Trade Publication
The article reports developments related to the U.S. Federal Reserve Board (FRB). FRB chairman Ben S. Bernanke emphasized in his first semiannual monetary policy report that further interest rate hikes could be on the way despite substantial progress in removing monetary policy accommodation. The Federal Reserve Bank of New York company's Empire State Manufacturing Survey has revealed that the New York general business conditions index was flat. The data released by FRB revealed that the industrial production Washington State has declined for the first time in four months.


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