Word: hike
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Dates: during 2000-2009
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...stop the gas-price hike --To relieve estate taxes on working families --To increase education funds for the disabled --To help train workers in new-economy skills...
...with the news that he would do what, by now, nearly everyone watching closely expected him to. The Fed left short-term interest rates alone and spoke ominously, if opaquely, about the future, the better to keep the markets on their guard about a quarter-point hike (already forecasted in some circles) at the FOMC's next meeting August...
...Fast Food: Not an option for the hungry Harvard student, unless you're willing to take the hike to Porter Square...
...right now, it doesn't look like any more than the soft landing, from 5 percent growth to about 3.5 percent, that the Fed has been trying to engineer." In fact, says Baumohl, there are some on the Fed's Open Market Committee who feel one more rate hike is still necessary. Greenspan, says Baumohl, is not among them. "There's no sign of any sharp drop-off in economic activity," he says. "On the other hand, Greenspan seems satisfied that his tightening has had a lasting effect. He's likely to stand pat for the rest of the year...
...Baumohl. "But the markets can always find a reason for uncertainty." Indeed, as more and more readings indicate that Cap'n Greenspan's economy is touching down softly and inflation-free, the narrower the range of possibilities in those feverish little investor brains. He could stand pat. He could hike by a quarter-point this month so as to beat election-season, when coaxing up unemployment for the good of the country gets politically tricky. But that'd be about it, and if all's quiet on the Consumer Price Index front next Wednesday, the marketeers might be ready...