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| | Federal Reserve Bank of Philadelphia |
 | | Visit our exhibit, where over 100,000 visitors have learned about money, banking, and the Federal Reserve System. |
 | | November 9, 2007 - The Federal Reserve Board of Governors announced that William F. Hecht, retired chairman, president and CEO, PPL Corp., Allentown, Pa., and Charles P. Pizzi, president and CEO, Tasty Baking Company, Philadelphia, Pa., have been appointed chairman and deputy chairman of the Federal Reserve Bank of Philadelphia’s Board of Directors. |
 | | October 31, 2007 - The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 4-1/2 percent. |
| www.phil.frb.org (427 words) |
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