Fed expected to raise rates again despite warnings
Economists warn another Federal Reserve rate hike could restrain growth while Democrats urge pause amid mixed signals from data. With the two day FOMC meeting wrapping up, analysts foresee a half-point rise as housing and consumer spending respond to higher borrowing costs.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Alan Greenspan
Federal Open Market Committee
Michael Evans
Boca Raton
Fla
Commerce Department
Evans
Greenspan
David Bonier
Michigan
House
U.S
Barney Frank
D-Mass
United States
Mr. Frank
Cardboard dolls spotlight Maryland child needs at session
About 300 eighteen inch dolls decorated by Maryland children will be given to state legislators and officials in Annapolis to highlight children's issues. Sponsored by Advocates for Children and Youth Inc and Bar Association of Baltimore city, the project aims to remind lawmakers to support children and help officials see their importance. Lt Gov Townsend and several legislators will attend a 9 30 a m news conference at the Senate Office Building, then volunteers will deliver dolls to offices with personal child stories attached.
MENTIONED IN THIS ARTICLE
Sam Yu
Holy Family Catholic Community
Middletown
Annapolis
Abigail Warner
Aaron Bowen
Kristen Knopf
Danny Brennan
Catherine Knopf
Maryland
Frederick County
Advocates For Children and Youth Inc
Bar Association of
Baltimore City
ACY
Dolis
Jan Schmidt
Schmidt
Kathleen Kennedy Townsend
Senate
Myersville Bank Robbery Under Hunt for Suspect
Maryland police and the FBI continue the hunt for a lone gunman who robbed the Myersville Bank on Main Street Tuesday morning. The white male suspect, about 25 to 35, 6 feet tall, wore a grey blue jacket and ski mask, fired a shot that struck an antique clock, and fled with cash after dye packs. Police reviewed surveillance and set roadblocks as helicopters searched nearby fields.
MENTIONED IN THIS ARTICLE
Myersville
Maryland
FBI
Main Street
Cpl
Paul J Gerstner
Washington County
Gerstner
Ambulance service OK'd for Braddock Heights and Libertytown
Braddock Heights Volunteer Fire Company wins approval to place an ambulance in service with a six month ALS unit trial in Libertytown. The Frederick County Volunteer Fire and Rescue Association executive committee acted Tuesday night, with final approval by the Frederick County Commissioners.
MENTIONED IN THIS ARTICLE
Susan C.nicol
News-Post
Braddock Heights
Libertytown
Edie Rinehart
Ms. Rinehart
County to issue 40 million bond sale for operating funds
County officials say using the bond market is common practice to cover operating expenses through June. The plan, approved Monday, calls for a March 19 bond sale of 40 million, with 27.16 million to general funds, four million to water and sewer, and 8.84 million to solid waste. Proceeds will repay the operating fund with interest in March.
MENTIONED IN THIS ARTICLE
Frederick County
Samuel Ketterman
Bruce Reeder
Mark Sneadner
Ronald Sundergill
Board of Commissioners
Maryland official urges 65 mph speed limit
Maryland State Highway Administrator Hal Kassoff urged the Senate committee to raise the interstate speed limit to 65 mph across more than 270 miles. He argued that speed differentials cause crashes, noting interstates are designed for 70 mph and that overall fatal and accident rates have fallen, with the lowest 30 year fatal rate this year. The move drew opposition from consumer safety groups and insurers who warn of higher deaths and premiums.
MENTIONED IN THIS ARTICLE
Annapolis
Maryland
Hal Kassoff
Senate
Judicial Proceedings Committee
Kassoff
Doctor prescribes weight loss drugs to treat alcoholism
A Maryland physician treats Frederick patients with phentermine and fenfluramine to curb alcohol craving, arguing the two drugs impact brain neurotransmitters. Supporters say the approach has helped him and other ex-drinkers, with FDA approvals for alcohol treatment cited as recent context.
MENTIONED IN THIS ARTICLE
Alcoholics Anonymous
Food and Drug Administration
Maryland
Frederick
Pierr Hitzig
Hitzig
James Brown
Vietnam
States
Highways Considered for 65 MPH Speed Limit Zones
The plan would apply 65 mph limits to several roads including a stretch near Frederick L270 north of Gaithersburg US 340 between US 15 and the Washington County line L468 near Cumberland I-95 north of Whitemarsh I-83 north of Baltimore and possibly parts of I-97 south of Baltimore US 50 segments between the Capital Beltway and Annapolis and between the Bay Bridge and the U S 301 splits and I-81 outside Hagerstown.
MENTIONED IN THIS ARTICLE
Frederick
Gaithersburg
U.S. 15
Washington County Line
Cumberland
Whitemarsh
Baltimore
U.S. 50
Capital Beltway
Annapolis
Bay Bridge
U.S. 301
Hagerstown
Maryland Debates 65 mph Speed Limit Change Backed
Kassoff endorses the 65 mph measure while ex governor Schaefer opposed similar 1991 legislation under lobbying pressure. Governor Glendening supports a version with a radar defector ban higher fines and stricter enforcement. Maj. Krome notes enforcement challenges as troopers cite futility in policing 55 mph violations amid nationwide moves to 65 mph.
MENTIONED IN THIS ARTICLE
Kassoff
William Donald Schaefer
Parris N. Glendening
Maj
Morris Krome
Maryland
Jennifer Pilch named Mardi Gras Queen
Jennifer Pilch is selected as Mardi Gras Queen in The Frederick News-Post edition. Weather outlook describes mostly cloudy tonight with lows in the 0s and continued cloudiness Thursday with highs near 40, with a weather map on page A11.
MENTIONED IN THIS ARTICLE
Jennifer Pilch
Frederick News- PE Post
Sso
Also Mentioned on This Page
Ben Lewis
Jason Drennan
Grantham Court
Walkersville
Braddock Heights Ambulance Service
Ok’d
SHA
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