Fed raises interests rates
Posted: Wed Nov 10, 2004 3:32 pm
News > Jobs & Economy
Fed raises rates again
Central bank boosts short-term rate another quarter-point; keeps 'measured' language intact.
November 10, 2004: 2:55 PM EST
Yuval Rosenberg, CNN/Money contributing writer
NEW YORK (CNN/Money) - The Federal Reserve raised its target for a key interest rate a quarter percentage point Wednesday, the fourth such hike this year, in a move that was widely expected.
What do this move means for your pocket?
Fed raises rates again
Central bank boosts short-term rate another quarter-point; keeps 'measured' language intact.
November 10, 2004: 2:55 PM EST
Yuval Rosenberg, CNN/Money contributing writer
NEW YORK (CNN/Money) - The Federal Reserve raised its target for a key interest rate a quarter percentage point Wednesday, the fourth such hike this year, in a move that was widely expected.
What do this move means for your pocket?