The Federal Reserve again has boosted the cost of borrowing for millions of consumers by raising short-term interest rates. The quarter-point hike -- the eighth since June 2004 -- bumps a key bank lending rate to 3 percent.
Copyright 2005 NPR
The Federal Reserve again has boosted the cost of borrowing for millions of consumers by raising short-term interest rates. The quarter-point hike -- the eighth since June 2004 -- bumps a key bank lending rate to 3 percent.
Copyright 2005 NPR
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