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Fed Kicks Rate Up a Notch
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Federal Reserve officials raised a key interest rate again yesterday and signaled that they do not know whether they will need to move it still higher in coming months to prevent rapid economic growth from pushing inflation higher. (Washington Post [1], Thursday)
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FEE Timely Classic
The Fed Sets Interest Rates? It Just Ain't So! [2] by Richard H. Timberlake
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/fed-kicks-rate-up-a-notch/
URLs in this post:
[1] Washington Post: http://www.washingtonpost.com/wp-dyn/content/article/2006/05/10/AR2006051000239.html
[2] The Fed Sets Interest Rates? It Just Ain't So!: http://www.fee.org/publications/the-freeman/article.asp?aid=4944
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