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TOP STORY
The Federal Reserve raised key short-term interest rates for
the first time in more than four years, launching a risky campaign to
suppress inflation without stamping out economic growth. Fed Chairman
Alan Greenspan (pictured above right) and his Federal Open
Market Committee colleagues - the group that sets interest rate policy
in the
U.S.
- increased
the federal
funds rate to 1.25 percent.
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story  TV
report
Fed
alert: Find out how rate hike will impact you?
Stocks
close higher after Fed decision
Wells
Fargo locally raises prime rate to 4.25%
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