Word: hikes
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Dates: during 2000-2009
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...will do the work of the other 25 points. Maybe that formula is what some inflation-fearing Fed governors made him follow, and Greenspan got the 50-point statement as a compromise. Or maybe, with Greenspan still smarting in the PR department from the one-too-many rate hike of last May, it was the other way around...
...Commerce Department had more good news: New single-family home sales rose 0.8 percent to an annual rate of 928,000 in May, after falling a revised 4.5 percent to 921,000 units in April. Another slight surprise for forecasters, who'd expected an average hike of 900,000 units, according to a survey by Briefing.com...
...forcing image-conscious Big Al to have to raise rates back up again when he can be easily accused of throwing cold water on the first flickers of recovery. Remember, he's still sensitive about criticisms that he steepened the economy's fall with that 50-point hike...
Today, the MTA’s successor, the Massachusetts Bay Transportation Authority (MBTA), raises subway fares from 85 cents to one dollar. Even at a dollar the fare will remain one of the lowest in the nation, and the T’s announcement of its first fare hike in almost a decade met only half-hearted protest from environmental and transportation advocacy groups...
When he isn’t accompanying Japanese businessmen on jaunts through Northeastern lumberyards, acting as their American liaison and interpreter, Egashira takes what money he has made and heads off to the seldom traveled sectors of the globe. He has successfully completed a 100-mile solo hike in the Rocky Mountains, a trip to the Arctic and one to Greenland...