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2008-11-18 10:40:31

U.S.

2005-09-20 13:25:48

WASHINGTON (Reuters) - The Federal Reserve raised U.S. interest rates on Tuesday for an 11th straight time, saying Hurricane Katrina will provide only a temporary setback to the broad economy. But one policy-maker dissented from the rate-rise vote, saying he preferred to hold rates steady.


Word of the Day
bawbee
  • A coin originally worth six pennies Scots, and later three; held equivalent to an English halfpenny.
  • (in plural) Money; cash.
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