Fed raises key rate with little anxiety

Article Abstract:

The Federal Reserve increased its interest rate by a quarter point to 1.25 percent on July 30, 2004 and it predicted that the inflation would remain tame. The Federal however makes its decision on the basis of educated guesses about the rate of inflation as it takes a year long for its effect of a rate change to work through out the economy.

Interest Rates, United States. Federal Reserve Board, Powers and duties, Consumer price indexes

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Awaited reports sink stocks: Anticipated inflation and hikes in interest rates push the Dow down 75 and broader indexes lower

Article Abstract:

The report from the government, which showed that the inflation is on the rise, led to decline in the U.S. stocks and it also prompted the Federal Reserve to raise interest rates. Shares of raw-material suppliers, banks and technology companies all are upset by slow economic growth.

Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Influence, Securities industry, Stock price indexes

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Greenspan's tricky task: Raising rates s-l-o-w-l-y

Article Abstract:

The Commerce Department reported that the economy grew at a healthy 4.2 percent annually in the first three months of 2004. The US Federal Reserve chairman Alan Greenspan believes that inflation will stay low enough to allow the US Federal Reserve to increase interest rates.

Management dynamics, Management, Greenspan, Alan, Company business management

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