EconWatch.com > Federal Open Market Committee Statement 05/10/06

http://rncnyc2004.blogspot.com [Republican National Convention Blog NYC 2004] Bernanke and Ben Bernanke or Bernanke and Federal Reserve or Chairman of the Federal Reserve and Monetary policy or Federal Open Market Committee and federal funds rate The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 5 percent. Economic growth has been quite strong so far this year.

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