Fed raises interest-rate target for 5th time this year, to 2.25%

Article Abstract:

Citing that inflation and expectations of long-term inflation appear to be "well contained," the Federal Open Market Committee raised its interest-rate target from 2% to 2.25% at its fifth policy meeting in 2004. The central bank also stated that it intends to continue to raise rates at a "measured" pace, which is understood to mean that increases will not be greater than a quarter of a percentage point per meeting.

Commercial Banks, Government expenditures, Management dynamics, Other General Government Support, Information Dissemination-Natl Govt, Banking industry, Analysis, Management, Economic policy, United States economic conditions, Company business management, Government information, United States. Federal Open Market Committee

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U.S. Fed missed mark on impact of rate cut

Article Abstract:

The U.S. Federal Reserve Board had considered a quarter- versus a half-percentage point interest rate reduction. The board's officials had little idea that their decision of a smaller move would cause a terribly negative response from the bond market.

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Deflation risks may force Federal Reserve to cut rates

Article Abstract:

The US Federal Reserve is expected to lower interest rates as a result of a risk of deflation. However, officials have yet to decide how much they want to cut rates.

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