Fed raises rates
2:19 p ET
The Federal Reserve raised short-term interest rates by a quarter point Wednesday, in line with expectations. The move brings the fed funds rate to 5.75 percent and the discount rate to 5.25 percent. The Fed said it remains concerned that increases in demand will continue to exceed growth in potential supply, which would feed inflation.
Nordwärts!!!
:o)
Turbo
2:19 p ET
The Federal Reserve raised short-term interest rates by a quarter point Wednesday, in line with expectations. The move brings the fed funds rate to 5.75 percent and the discount rate to 5.25 percent. The Fed said it remains concerned that increases in demand will continue to exceed growth in potential supply, which would feed inflation.
Nordwärts!!!
:o)
Turbo