21.   The Fed began cutting interest rates last summer, moving three times to cut its target level for the federal funds rate on loans among banks.

22.   The Fed thus has been correct to leave its target level for interest rates unchanged for the past two years, he said.

23.   The German Finance Ministry later denied that it has a target level for the mark, though it did say it backs a strong dollar.

24.   The German Finance Ministry denied having a target level for the mark, while saying it supported a strong dollar.

25.   The ministry later denied that it has a target level for the mark, though it did say it backs a strong dollar.

26.   The pact also includes penalties for the tobacco companies if teen smoking is not reduced to specific target levels.

27.   During the study, patients received felodipine, better known as Plendil, and other blood pressure medications to reach their target blood pressure level.

28.   EU governments would then approve the target levels with a weighted majority.

29.   EU governments would then approve the target levels.

30.   For example, a group of controllers who reduced errors in their particular tower below a target level would be eligible for bonuses.