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Gold/Mining/Energy : TD - Toronto Dominion Bank
TD 82.13+0.3%Oct 31 9:30 AM EST

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To: Steve who wrote (322)8/24/1999 2:34:00 PM
From: Jason Marcotte  Read Replies (1) of 358
 
Fed Raises Interest Rates As Expected


Aug 24 2:17pm ET

WASHINGTON (Reuters) - The Federal Reserve raised two key interest rates Tuesday
by a quarter-percentage point each but maintained a neutral position regarding the
future course of monetary policy.

The U.S. central bank lifted the federal funds rate for overnight loans between banks to
5.25 percent from 5 percent. It moved the less frequently used discount rate up to 4.75
percent from 4.5 percent.
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