Word: drops
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Dates: during 2000-2009
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...other big news in the announcement. The FOMC left the door wide open for even more rate cuts, which would bring us into uncharted territory. The federal-funds target rate previously bottomed out at 1% from June 2003 to June 2004. The actual federal-funds rate did drop below 1% a few times in the 1950s, but that was another era - an era when the Fed didn't announce interest-rate targets, banks completely dominated the financial system and the U.S. completely dominated the global economy, and there was no such thing as a money-market fund...
...chairman - Bernanke gave a now somewhat infamous speech about what central banks could do to fend off deflation even after short-term interest rates hit zero. The Fed could target longer-term interest rates, he argued. It could buy private securities, not just Treasuries. It could, figuratively speaking, drop money out of helicopters...
...staggering statistic: one in four American teenagers drops out of school before graduation, a rate that rises to one in three among black and Hispanic students. But there's no federal system keeping track of the more than 7,000 American teenagers who drop out of school each...
...Spellings issued new rules that will force states to adopt a common system to monitor dropouts. Critics of No Child Left Behind have long accused the federal legislation not only of leading more schools to teach to the test, but of letting - or perhaps even encouraging - struggling students to drop out before they can lower average test scores. But Spellings is trying to address this problem with new regulations that will set a uniform graduation rate so that a high school's annual progress will now be measured both by how students perform on standardized tests and by how many...
...voters are dealing with their third voting-machine technology in as many presidential elections, ballot-mishandling in a recent local contest and a seldom-seen elections chief, Arthur Anderson, who has been seriously ill since losing his re-election bid in the August primary race. But a pleasant autumnal drop in temperature after a torrid summer has helped early Palm Beach voters like McCain backer Arelia Sayer, 54, forget the troubles. "We've got a beautiful day," Sayer said in line in Boynton Beach. "You've got to get 'er done...