Fed raises rate to 1.5 pct., despite dismal July

Article Abstract:

The Federal Reserve's (FED) increase in short term interest rate by 1.5 percent is a move to stay true to its projected course of dampening inflation through small interest rate increases as the economy strengthens and job creation picks up. The rate increase is the second since FED increased interest rates in June 30, 2004 from a 46 year low of One percent.

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Calls about Medicare discount cards are going unanswered

Article Abstract:

Callers calling 1-800- Medicare are getting familiar and frustrated message when they ask about a Medicare-approved prescription discount card. Medicare proposes to add 400 benefit counselors to cope with calls about the new program that is designed to save most senior about 17 percent on their drug cost.

Services information, Services, Medicare, Discount cards

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Despite snags, Fed is expected to continue raising rates

Article Abstract:

Federal Reserve policy makers are expected to raise interest rates at each session inspite of a drop in economic growth and increased oil prices. Fed chairman, Allan Greenspan's biggest challenge would be to ensure rate increase at a measured pace.

Commodity & service prices, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Petroleum & Energy Products, Prices and rates, United States economic conditions, Company pricing policy

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