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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (10188)2/2/2000 2:44:00 PM
From: LemonHead  Read Replies (1) of 18929
 
Hi All, Looks like the Bear's lost round one.

INSTANT VIEW-Fed raises key rates 25 basis points
NEW YORK, Feb 2 (Reuters)


- Following are comments from analysts and market experts after the Federal Reserve raised two key interest rates by a quarter percentage point on Wednesday.

The Fed raised the fed funds rate for overnight loans between banks to 5.75 percent from 5.50 percent, and increased its discount rate to 5.25 percent from 5.50 percent.

biz.yahoo.com

Keith
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