Federal Reserve raises two key interest rates

Article Abstract:

The Federal Reserve voted to raise two short-term interest rates on Feb 1, 1995. The federal funds rate will go to 6%, and the discount rate will rise to 5.25%. The Fed claims to be doing this to fight inflation, but there are no real economic indications of inflation, and some criticize this move.

Inflation (Finance), Inflation (Economics)

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Federal Reserve lowers two key interest rates: slow growth cited

Article Abstract:

The Federal Reserve Board cut the federal funds rate from 5.5% to 5.25% on Jan 31, 1996. It also cut the discount rate from 5.25% to 5%. Most commercial banks responded by cutting their prime lending rates from 8.5% to 8.25%. The stock market reacted favorably to the news.

Banking industry, Prices and rates, Stock-exchange, Stock exchanges, Bank fees

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Federal Reserve trims key interest rate

Article Abstract:

The Federal Open Market Committee, fearing recession, dropped the federal funds rate by a quarter point on Jul 6, 1995. The Fed expects a mild economic lull at most. The stock and bond markets responded favorably to the news.

Management, Monetary policy

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