« Gov. Kaine’s Tax Hike Proposal Fails
Washington Post supports offshore energy exploration »

Fed Hikes Rates to 5.25%

June 29th, 2006 by Sean Flynn

The Federal Reserve increased their target for the fed funds rate by 25 basis points to 5.25 percent today. This marks the 17th consecutive time the Fed has tightened credit to fight inflation. For the full statement by the FOMC, click here.

This entry was posted on Thursday, June 29th, 2006 at 3:25 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Want more? Sign up our free weekly newsletter:

   
We do not sell or share your email and you can unsubscribe at any time.

Leave a Reply