Timeline February 1994

Events in February 1994 11

• 1905 – 1994 Joseph Cotten (1905-1994) American actor from Orson Welles's Mercury Theatre, star of Citizen Kane, Shadow of a Doubt and The Third Man.
• 1916 – 1994 Dinah Shore (1916-1994) American singer and television host, known for See the USA in Your Chevrolet.
• 1994 Pre-emptive rate rises — preventing 1994 inflation In February 1994, with the economy recovering strongly from recession, Greenspan pre-emptively raises interest rates — the first in a series of seven rate increases that year — before inflation actually materialises. The move is controversial: it causes a sharp bond market sell-off and several emerging market crises. But it demonstrates Greenspan's willingness to act ahead of inflation rather than react to it, and the US economy avoids the inflation surge that had seemed likely. The 1994 tightening cycle is considered one of the more skilful monetary policy interventions of the post-war era.
• 1994 Olympic Silver at Lillehammer Won the Olympic silver medal at the 1994 Winter Olympics in Lillehammer, Norway, finishing behind Ekaterina Gordeeva and Sergei Grinkov.
• 1994 Joseph Cotten dies in Los Angeles Joseph Cotten dies aged 88.
• 1994 Signs minor-league baseball contract Jordan signs with the Chicago White Sox organization and is assigned to the Double-A Birmingham Barons, fulfilling a dream he shared with his father.
• 1994 1994 Winter Olympics XVII Winter Games - Lillehammer First games to be held in a different year than the Summer Games. Winner: Russia.
• 1994 1994 Winter Olympics open in Lillehammer Norway hosts the Winter Games The XVII Olympic Winter Games opened in Lillehammer, Norway, running through 27 February. It was the last Winter Olympics held in the same year as the Summer Games before the schedule staggered them.
• 1994 Lillehammer Olympics Winter Games Widely regarded as one of the best Winter Olympics ever held.
• 1994 Aldrich Ames arrested for espionage CIA officer exposed as longtime Soviet and Russian spy CIA counterintelligence officer Aldrich Ames was arrested by the FBI and charged with spying for the Soviet Union and later Russia since 1985. His betrayal led to the deaths of several US intelligence assets and remains one of the most damaging espionage cases in CIA history.
• 1994 Dinah Shore dies in Beverly Hills Dinah Shore dies aged 77.