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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.7%

Jan 9 9:30 AM EST

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To: Raymond Thomas who started this subject	6/25/2003 3:17:41 PM
From: Road Walker	Read Replies (1) of 186894

CHRONOLOGY-Fed funds rate changes since 1990 Wednesday June 25, 2:48 pm ET NEW YORK, June 25 (Reuters) - The Federal Reserve cut the federal funds rate on Wednesday by a quarter percentage point to 1.00 percent, its first move this year, to add more support to the U.S. economy and fend off deflation. The Fed said the economy has yet to show signs of sustainable growth, and a concern over deflation would predominate "for the foreseeable future". The following is a chronology of the Federal Reserve's changes in the federal funds rate since 1990. Each move is measured in basis points (bps), each of which equals one-hundredth of a percentage point. 2003 June 25 Cut 25 bps to 1.00 pct 2002 November 6 Cut 50 bps to 1.25 2001 December 12 Cut 25 bps to 1.75 November 6 Cut 50 bps to 2.00 October 2 Cut 50 bps to 2.50 September 17 Cut 50 bps to 3.00 August 21 Cut 25 bps to 3.50 June 27 Cut 25 bps to 3.75 May 15 Cut 50 bps to 4.00 April 18 Cut 50 bps to 4.50 March 20 Cut 50 bps to 5.00 January 31 Cut 50 bps to 5.50 January 3 Cut 50 bps to 6.00 2000 May 16 Raised 50 bps to 6.50 March 21 Raised 25 bps to 6.00 February 2 Raised 25 bps to 5.75 1999 November 16 Raised 25 bps to 5.50 August 24 Raised 25 bps to 5.25 June 30 Raised 25 bps to 5.00 1998 November 17 Cut 25 bps to 4.75 October 15 Cut 25 bps to 5.00 September 29 Cut 25 bps to 5.25 1997 March 25 Raised 25 bps to 5.50 1996 January 31 Cut 25 bps to 5.25 1995 December 19 Cut 25 bps to 5.50 July 6 Cut 25 bps to 5.75 February 1 Raised 50 bps to 6.00 1994 November 15 Raised 75 bps to 5.50 August 16 Raised 50 bps to 4.75 May 17 Raised 50 bps to 4.25 April 18 Raised 25 bps to 3.75 March 22 Raised 25 bps to 3.50 February 4 Raised 25 bps to 3.25 1993 No rate changes 1992 September 4 Cut 25 bps to 3.00 July 2 Cut 50 bps to 3.25 April 9 Cut 25 bps to 3.75 1991 December 20 Cut 50 bps to 4.00 December 6 Cut 25 bps to 4.50 November 6 Cut 25 bps to 4.75 October 31 Cut 25 bps to 5.00 September 13 Cut 25 bps to 5.25 August 6 Cut 25 bps to 5.50 April 30 Cut 25 bps to 5.75 March 8 Cut 25 bps to 6.00 February 1 Cut 50 bps to 6.25 January 9 Cut 25 bps to 6.75 1990 December 18 Cut 25 bps to 7.00 December 7 Cut 25 bps to 7.25 November 13 Cut 25 bps to 7.50 October 29 Cut 25 bps to 7.75 July 13 Cut 25 bps to 8.00

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