AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: KIRK SHINKLE
Fed Chairman Alan Greenspan and his plan for "measured" interest rate hikes celebrated a one-year anniversary Thursday.
It included the kind of sentiment one would expect from a long-term relationship: optimism, but few surprises.
The Federal Reserve voted unanimously to raise the fed funds rate by 25 basis points to 3.25% at the end of its two-day meeting.
It's the ninth straight quarter-point hike, and the Fed signaled in its post-meeting statement that more are coming.
The Fed said keeping inflation at bay remains its key focus in an economy it sees as relatively healthy.
"Although energy prices …