MARKETS REACT AS FED RAISES INTEREST RATES

An image of outgoing Federal Reserve Chairman Alan Greenspan is displayed on television at the Chicago Board of Trade on January 31, 2006, in Chicago. The Federal Reserve raised short-term interest rates 1/4 point to 4.5 percent for the 14th consecutive time in Alan Greenspan's last action as Chairman of the Federal Reserve. (UPI Photo/Brian Kersey)