Skip to comments.
FOMC Raises Federal Funds Rate 25 Basis Points to 1.25%
CNBC
| June 30, 2004
Posted on 06/30/2004 11:19:20 AM PDT by RWR8189
In the first tightening of US monetary policy since May of 2000, Alan Greenspan and the Federal Open Market Committee (FOMC) raised the Federal Funds Rate target, from its 46 year low, 25 basis points to 1.25%.
More...
TOPICS: Breaking News; Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: alangreenspan; bush43; fed; federalfunds; federalreserve; fedreserve; feds; ffr; fomc; frs; greenspan; greenspin; interest; interestrate; interestrates; monetary; monetarypolicy; ratehike; ratehikes; shorttermrates; thebusheconomy; tight; tightening; tightmoney
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-62 next last
1
posted on
06/30/2004 11:19:22 AM PDT
by
RWR8189
To: RWR8189
The policy of "Measured Increases" is included in the report.
2
posted on
06/30/2004 11:21:34 AM PDT
by
RWR8189
(Its Morning in America Again!)
To: RWR8189
more bad news for Daschle - the economy is overheating & Greenspan had to cool it off!
3
posted on
06/30/2004 11:21:42 AM PDT
by
Steven W.
To: RWR8189
Fed confirms economy's strength.
4
posted on
06/30/2004 11:22:08 AM PDT
by
clintonh8r
("Just because I could.......")
To: RWR8189
5
posted on
06/30/2004 11:22:12 AM PDT
by
xzins
(Retired Army and Supporting Bush/Cheney 2004!)
To: xzins
6
posted on
06/30/2004 11:23:25 AM PDT
by
Tennessean4Bush
(An optimist believes we live in the best of all possible worlds, a pessimist fears this is true.)
To: RWR8189
7
posted on
06/30/2004 11:23:31 AM PDT
by
ClintonBeGone
(Take the first step in the war on terror - defeat John Kerry)
To: ClintonBeGone
8
posted on
06/30/2004 11:23:58 AM PDT
by
RWR8189
(Its Morning in America Again!)
To: RWR8189
And away we go. Did the housing market collapse yet?
9
posted on
06/30/2004 11:24:00 AM PDT
by
RightWhale
(Destroy the dark; restore the light)
To: clintonh8r
Markets will probably go up since this was already priced in.
10
posted on
06/30/2004 11:24:03 AM PDT
by
Tennessean4Bush
(An optimist believes we live in the best of all possible worlds, a pessimist fears this is true.)
To: clintonh8r
Fed confirms economy's strength. The economy is a locomotive running downhill now. Jobs, the stock market, etc will only get better and better as we get closer to November.
People vote their pocketbooks and 401k's, Bush wins big.
11
posted on
06/30/2004 11:24:16 AM PDT
by
1Old Pro
To: Steven W.
12
posted on
06/30/2004 11:24:23 AM PDT
by
Constitution Day
(Member, Burger-Eating War Monkeys, Rapid Response Digital Brown Shirts, NLC™)
To: RWR8189
The market seems to like this news.
13
posted on
06/30/2004 11:24:46 AM PDT
by
Rokke
To: All
The DOW just erased its losses for the session and is now up about 20 points.
14
posted on
06/30/2004 11:24:52 AM PDT
by
RWR8189
(Its Morning in America Again!)
To: RWR8189
Oh well, I was wrong on this one.
15
posted on
06/30/2004 11:25:53 AM PDT
by
Badeye
("The day you stop learning, is the day you begin dying")
To: Tennessean4Bush
I sense the "doom and gloom" campaign of the media and the dem nominee make this a "fragile recovery."
They've convinced half the nation that everything's going to hell in a rocketship.
Anything raising costs will hurt.
16
posted on
06/30/2004 11:26:28 AM PDT
by
xzins
(Retired Army and Supporting Bush/Cheney 2004!)
To: Steven W.; Mo1; Howlin
Just a 1/4??
I was expecting a 1/2....
To: RWR8189
From the Fed website: "Although incoming inflation data are somewhat elevated, a portion of the increase in recent months appears to have been due to transitory factors. The Committee perceives the upside and downside risks to the attainment of both sustainable growth and price stability for the next few quarters are roughly equal."
18
posted on
06/30/2004 11:26:56 AM PDT
by
Tennessean4Bush
(An optimist believes we live in the best of all possible worlds, a pessimist fears this is true.)
To: Badeye
Don't know how to post a pic. So instead I will just say:
TDIDS
19
posted on
06/30/2004 11:27:22 AM PDT
by
EQAndyBuzz
(Hitler? Stalin? The left has a tough decision as to who they would rather emulate.)
To: All
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-62 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
