ee Parsing the via the WSJ:
"The Nov. 1 statement announced that the Fed was raising its key short-term interest rate by one-quarter point to 4%, its 12th increase in a row. It cited economic impacts from Hurricanes Katrina and Rita, but believes the impact will be temporary. It also shifted its language on the effect on energy costs, indicating that the "cumulative" rise — rather than short-term peaks and valleys — merit close scrutiny. Below is a look at differences between the November statement and the September one."
click for larger graphic
Fed Strikes 12
WSJ, Nov. 1, 2005
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.