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Tuesday, August 10, 2004

Cnn Fed raises rates a quarter-point again - Aug. 10, 2004

Fed raises rates a quarter-point again - Aug. 10, 2004: "Fed raises again

Central bank policy-makers add another quarter-point to fed funds rate, see economic pickup ahead.
August 10, 2004: 5:14 PM EDT
By Mark Gongloff, CNN/Money senior writer



NEW YORK (CNN/Money) - The Federal Reserve raised its target for a key short-term interest rate a quarter-percentage point Tuesday in a continuing effort to raise lending rates from the lowest levels in more than 40 years. "

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