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IBD'S TOP 10.(A)
Fed Hikes Rates, Still "Measured'
1As expected, the Federal Reserve raised interest rates for the first time in over 4 years, by a quarter point to 1.25%. The post-FOMC decision statement also was no surprise, but policy-makers made clear they expect future rate hikes will also be "measured." Inflation has picked up, the Fed noted, but said a lot of that may be due to "transitory" factors. More on this page
Midwest Factory Growth Slows
2The Chicago purchasers index dived to 56.4 in June from May's 16-year high of 68, defying forecasts for a small drop. That's still above the boom-bust 50 mark, but growth is a lot slower. New orders and output growth also cooled a lot. But factories are still hiring and are having trouble making deliveries. Prices rose at the fastest pace in nine years. See Vital Signs on A2
Stocks Rise After Fed Rate Hike
3 Relief mixed with encouraging language from the Fed gave stocks a modest lift on higher volume. The Dow rose 0.2%, the S&P 500 0.4%, the Nasdaq 0.6%, the small-cap S&P 600 0.7%. Consumer stocks ranging from fertilizer makers to home furnishings stores fared well. Several computer-related groups struggled. More on this page, B2
Bond Yields Fall On Fed, Chicago
- Fed says Iraq war dampens U.S. economy.
- News wire article from: United Press International April 24, 2003 700+ words
...in part as a result of the Iraq war, the Federal Reserve...economic growth nationwide, the Fed said in its beige book...The onset of the war with Iraq appeared to have some effect on sales and spending," the Fed said. It added, however...
- I was not fed duff Iraq information ( Blair.(News)
- Newspaper article from: The Journal (Newcastle, England) July 14, 2004 700+ words
...night declared he had not been fed "duff" information on Iraq, as he prepared to study Lord...Government's controversial dossier on Iraq's weapons of mass destruction...presented with "duff" intelligence on Iraq and had been made to look foolish...
- Fed: Troops in Iraq should get appropriate recognition: Rudd
- Newspaper article from: AAP General News (Australia) July 31, 2009 700+ words
...News (Australia) 07-31-2009 Fed: Troops in Iraq should get appropriate recognition...last active Australian troops in Iraq were coming home. "I didn't have...The only Australian presence in Iraq is the security detachment, known...
- Weapons of Miller's descriptions: spoon-fed information about Iraq's WMDs, New...
- Magazine article from: Bulletin of the Atomic Scientists Abrams, Herbert L. July 1, 2004 700+ words
...mass destruction (WMD) had been found in Iraq, while 10 percent were not sure; in October...Alpha, MET Bravo) hunting for WMD in Iraq. Her stories, which were widely reprinted...that illicit weapons had been found in Iraq, supposedly validating the decision for...
- Dow Treads Water; Iraq, Fed Move Uncertain.
- Press release article from: PR Newswire November 12, 1998 700+ words
...strong gains as worries build over Iraq. Gainers included Chevron up...issued strong threats warning Iraq to comply with United Nation...analysts do not expect tensions with Iraq, which have become routine...Reserve. Many had hoped the Fed, whose two rate cuts in since...
- RUSSIA FED MILITARY INTELLIGENCE TO IRAQ \ RELATIONS WITH U.S. MAY BE...
- Newspaper article from: The Cincinnati Post (Cincinnati, OH) March 25, 2006 700+ words
...on Baghdad during the 2003 invasion of Iraq, according to Iraqi intelligence documents...military intelligence unit operating in Iraq up through the fall of Baghdad. Pavel...abbreviation GRU, was actively working in Iraq at the time of the U.S. invasion. The...
- Ex-Fed official warns of Iraq war effects.
- News wire article from: United Press International March 7, 2003 700+ words
...International via COMTEX) War against Iraq will only aggravate the already fragile...the downside risk of engaging in war with Iraq, but rising expenditures on the one hand...and establish a democratic government in Iraq. Off-the-cuff estimates from administration...
- German scientist fed atomic aid to Iraq
- Newspaper article from: The Independent - London January 26, 1996 700+ words
Vienna - A German nuclear scientist supplied President Saddam Hussein of Iraq with key details on uranium enrichment, central to Baghdad's secret attempt to build a nuclear bomb, an official of the International...
