Federal reserve raise interests rates a quarter point

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cycloneye
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Federal reserve raise interests rates a quarter point

#1 Postby cycloneye » Wed Jun 30, 2004 1:39 pm

http://money.cnn.com/2004/06/30/news/ec ... tm?cnn=yes

This is the first interest rate raise after four years.The economy is booming now although inflation is showing it's head a little the feds say.
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chadtm80

#2 Postby chadtm80 » Wed Jun 30, 2004 1:44 pm

Yep, this was expected, and actually means we are headed in the right direction
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