A public hearing is required before the Board can act on it.

When speed matters, he said, the Board will act quickly.

"And I've learned not to predict how the board will act."

Some analysts thought the board might act within days to cut rates, but others predicted no change.

Would the players return to work if the board acted against the clubs?

The board acts like the executive committee of a corporation.

The board acted to discipline the students on May 11.

The union also agreed to put off its strike until the Board acted.

One person familiar with the company said the board could easily act before the next scheduled meeting, in September.

The total of the fines was small when the board acted.