Fed reports moderate growth
Article Abstract:
The Federal Reserve Board decided not to change short-term interest rates in Mar 1996 after an analysis of economic indicators showed that the moderate economic growth it expected in early 1996 resulted. Inflation is not expected to occur.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1996
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Jobless rate jump prompts Fed interest rate cut
Article Abstract:
The Federal Reserve attempted to stimulate economic recovery by reducing interest rates on Jul 2, 1992. The reduction in interest rates was a response to a report of a 7.8% unemployment rate in Jun 1992.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
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Weak employment data prompts Fed rate cut
Article Abstract:
The Federal Reserve reduced the federal funds rate from 3.25% to 3% after the unemployment rate fell slightly, from 7.7% in Jul 1992 to 7.6% in Aug 1992.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
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