Powder Blue Report

News, finance, politics, sports, and fun from the west coast

Wednesday, February 02, 2005

Fed Raises Short Term Rate Again A Quarter Percent

This is starting to sound like a broken record. The Fed raised the discount rate another 1/4 point higher today. That makes six consecutive 1/4 rate hikes. Like I said a few months ago on my blog, just follow the trend. The trend is your friend in investing.


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