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Mix-Ansicht- Breaking News: FED raises federal funds rate by 0,25%, as expected (o.Text) - Helmut, 03.05.2005, 20:16
- wie der Markt unmittelbar drauf reagiert, doch nicht ganz expected? (o.Text) - Amanito, 03.05.2005, 20:18
- FOMC raises interest rates to 3% - Helmut, 03.05.2005, 20:19
- Statement: - Helmut, 03.05.2005, 20:23
Statement:
-->The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 3 percent.
The Committee believes that, even after this action, the stance of monetary policy remains accommodative and, coupled with robust underlying growth in productivity, is providing ongoing support to economic activity. Recent data suggest that the solid pace of spending growth has slowed somewhat, partly in response to the earlier increases in energy prices. Labor market conditions, however, apparently continue to improve gradually. Pressures on inflation have picked up in recent months and pricing power is more evident.
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