cbr quarterly_review, 2004-12-31
In 2004, the US Federal Reserve raised five times its target for the overnight interbank loan rate (the federal funds rate): from 1% to 1.25% in June, to 1.5% in August, to 1.75% in September, to 2% in November and to 2.25% in December.
Sentiment: neutral
Topic: mp_interest_rate