Determine Whether the Following Passage Is (Or Contains) an Argument

Short Answer

Determine whether the following passage is (or contains) an argument.
"The Federal Reserve Board is normally the Stealth bomber of government agencies, zooming in without warning to raise or lower interest rates and confirming weeks later what action was taken. But last Friday, in an extraordinary pre-emptive strike against a possible surge of inflation, the Federal Reserve Chairman declared that the Central Bank had raised short-term rates that very day."