Rate hike?Rate Hike?: The Federal Reserve's rate-setting Federal Open Market Committee meets on Tuesday Tuesday: see week. (16th), when most economists expect interest rates to be held steady. Eventually, though, rates are headed up--even Federal Reserve Chairman Alan Greenspan Alan Greenspan Dr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body. acknowledges that much--and a few economists say it might happen as early as the FOMC See Federal Open Market Committee. FOMC See Federal Open Market Committee (FOMC). meeting on June 29. |
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