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IPFS News Link • Economy - Economics USA

Fed Raises Rate to 4.25%, Drops Reference to 'Accommodation'

12-14-2005 • Bloomberg

Federal Reserve policy makers raised the main U.S. interest rate to 4.25 percent, and signaled they may soon end their run of increases...a sign that members consider rates high enough that they're no longer spurring economic growth.

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Reported By Powell Gammill

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Fed Raises Rate to 4.25%, Drops Reference to 'Accommodation'

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