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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: interest rate cut

interest rate cut stories: 73 news summaries

21 - 40 of 73 Stories | << Prev 1 2 3 4 Next >>

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MARKETS

 Dow Jumps 889, Cracks 9,000 

Bargain hunters spur big gains as markets jump late

Oct 28, 08 3:35 PM CDT
(Newser) - Stocks zoomed past the 9,000 mark late in today's session as investors ignored a rock-bottom consumer-confidence rating, focusing on blue-chip gains and the likelihood of another rate cut by the Federal Reserve, the Wall Street Journal reports. The Dow shot up 889.35 to close at 9,065.12.... More »

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Boeing • Federal Reserve • Dow Jones • General Motors • Nasdaq • S&P 500 • interest rate cut • Libor • financial crisis

As Investors Seek Cover, Central Banks Slash Rates

Seeking to loosen credit, central banks plan another round of cuts

Oct 28, 08 10:30 AM CDT
(Newser) - Central banks worldwide are slashing interest rates, attempting to stem the bleeding in financial markets as investors dump holdings, credit remains tight, and currencies spasm in value, the Washington Post reports. The Federal Reserve is set to cut rates for the second time in as many weeks tomorrow, while the... More »

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currency exchange • financial markets • yen • credit crisis • economic stimulus package • interest rate cut • financial crisis • financial meltdown

MARKETS

 Poor Day Ends Horrible Week 

Dow off 312, but bears show some restraint

Oct 24, 08 3:23 PM CDT
(Newser) - US stocks declined today but stopped somewhat short of total free fall after global markets plunged close to 10%. With perhaps a buffer from news of a bump in existing US home sales, the Dow fell 312.30 to close at 8,378.95, MarketWatch reports. The Nasdaq dropped 51.... More »

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Federal Reserve • Dow Jones • Nasdaq • federal funds rate • S&P 500 • interest rate cut • oil futures • oil prices • financial crisis • stock futures

MARKETS

 Stocks Fall 189 Despite Rate Cut 

Alcoa offers dismal earnings report to start third-quarter season

Oct 8, 08 3:24 PM CDT
(Newser) - Stocks fell nearly 190 points in a volatile day, with investors showing mixed opinions on whether an unprecedented global rate cut by the Fed and foreign central banks would help the credit crisis. After swinging in a 433-point range, the Dow closed down 189.01 points at 9,258.10,... More »

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Federal Reserve • Dow Jones • Nasdaq • credit crisis • S&P 500 • interest rate cut • financial crisis

updated

 Stocks Rocky After Rate Cuts 

Investors cheer/jeer/cheer the rate cut

Oct 8, 08 9:25 AM CDT
(Newser) - Stocks had a volatile morning, dropping as much as 230 points after the bell before swinging upwards once more, the Wall Street Journal reports. The Dow was up about 39 points at midmorning, while the Nasdaq and S&P gained 0.7% and 0.8% respectively, as investors digested... More »

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stock market • Federal Reserve • central bank • credit market • interest rate cut

 Fed Joins 5 
 Central Banks 
 in Shock Rate Cut 

US, EU, UK, others offer 50-point reduction to reverse diving markets

Oct 8, 08 7:04 AM CDT
(Newser) - The Federal Reserve and five other central banks cut interest rates by 50 basis points in an emergency attempt to stem the economic effects of the credit crisis, reports Bloomberg. The move brings the American benchmark rate to just 1.5%, while the European Central Bank and the monetary authorities... More »

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Federal Reserve • central bank • Asian markets • European Central Bank • credit crisis • European markets • Bank of England • interest rate cut

MARKETS

Stocks Sink as Bernanke Hints at Rate Cut

After early optimistic surge, Dow falls 300 points

Oct 7, 08 1:28 PM CDT
(AP) - Federal Reserve Chairman Ben Bernanke warned today that the financial crisis has not only darkened the country's current economic performance but also could prolong the pain. The Fed chief's gloomy assessment appeared to hint of an interest rate cut on or before the Fed’s next meeting later this month.... More »

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Ben Bernanke • stock market • Federal Reserve • Dow Jones • interest rate • interest rate cut • economy • financial crisis

 Asia Stocks Edge Up 

Aussie rate cut spurs recovery in some markets, Nikkei down to 5-year-low

Oct 7, 08 4:58 AM CDT
(Newser) - Asian stocks outside Japan made a modest recovery from yesterday's plunge after Australia slashed its interest rate a full percentage point to 6%, Reuters reports. Indexes in South Korea, Taiwan and Singapore all edged up slightly. In Japan, the Nikkei was down 3% to a 5-year low after the Bank... More »

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Australia • South Korea • Taiwan • Singapore • Nikkei • Asian markets • Bank of Japan • interest rate cut

 Fed Weighs 
 Emergency 
 Rate Cut 

As economy deteriorates, inflation becomes less of a concern

Oct 2, 08 9:28 AM CDT
(Newser) - Mounting fears that the credit crisis and continually worsening economic data will push a stagnant US economy into a severe recession has spurred the Federal Reserve to consider cutting interest rates from their current 2%, the Wall Street Journal reports. Even if the House follows the Senate in passing the... More »

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inflation • Ben Bernanke • Federal Reserve • recession • bailout • interest rate cut • financial crisis

OPINION

Wait on Rate Hikes Until
Crisis Eases

Fed should ignore critics, hold its ground until markets rebound

Sep 3, 08 5:55 PM CDT
(Newser) - Critics claim the Federal Reserve has been too eager to cut interest rates, and that lax policy has exacerbated inflation. But the Fed should hold its ground, Desmond Lachman argues in the American, until the housing and credit markets are clearly on the rebound. The credit crunch has prompted banks... More »

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inflation • housing market • Federal Reserve • foreclosure • US economy • interest rate • credit crisis • lending practices • interest rate cut • monetary policy

Fed Likely to Hold Rates—
for Now

Bernanke hopes the 2% interbank rate will help economy rebound

Jun 25, 08 6:17 AM CDT
(Newser) - Despite fears that inflationary forces are revving, the Federal Reserve will probably hold the interbank federal funds rate at 2% today, hoping the bargain basement rate can help kick-start a stalled economy that’s been hamstrung by a tenacious housing slump and a credit crunch hangover, Reuters reports. More »

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inflation • Ben Bernanke • Federal Reserve • interest rate • interest rate cut

ANALYSIS

 In Turmoil,
 Bernanke Forged
 New Persona 

Fed chief sheds academic image with crisis management; some worry he went too far

May 28, 08 10:50 AM CDT
(Newser) - Federal Reserve chief Ben Bernanke’s aggressive actions in March to douse the fire consuming financial markets won him fans on Wall Street and elsewhere, but created a cadre of critics who say the “Bernanke Doctrine” fuels inflation and hurts the dollar, the New York Times reports. “It... More »

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Ben Bernanke • Federal Reserve • prime rate • interest rate cut • monetary policy

MARKETS

 Stocks Rally; Dow Up Almost 200 

Fed's latest actions draw late but rave reviews

May 1, 08 3:24 PM CDT
(Newser) - Stocks rallied today on strong performances by several big tech firms, MarketWatch reports. Investors also poured money into financials in anticipation of the dollar boost the Fed will cause by holding interest rates steady after yesterday’s cut. The Dow climbed 189.87 to at 13,010.00, the Nasdaq... More »

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Ben Bernanke • Exxon • Federal Reserve • Intel • Dow Jones • Nasdaq • Symantec • S&P 500 • interest rate cut

MARKETS

 Rate-Cut News 
 Sweeps Away Rally 

Stocks end down thanks to nervous investors

Apr 30, 08 3:38 PM CDT
(Newser) - News of today's Fed interest-rate cut swept away a market rally, and stocks ended down. Language in the Fed statement indicating that further trims were unlikely spooked investors, the Wall Street Journal reports, though that news was expected. The Dow ended down 11.81 to 12,820.13; the Nasdaq... More »

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inflation • stock market • Federal Reserve • interest rate cut

UPDATED

 Fed Trims Rate to 2% 

Markets expect cut to be body's last for some time

Apr 30, 08 1:31 PM CDT
(Newser) - As expected, the Federal Reserve cut a key US interest rate today, the Wall Street Journal reports, trimming its overnight rate a quarter-point to 2%. Seven consecutive cuts have the rate down from 5.25% in September as the Fed attempts to keep the economy from stalling under credit woes.... More »

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Federal Reserve • interest rate cut

Fed Ponders Pause in Rate Cuts—After 1 More

Experts expect a last cut to 2% before the central bank stops and waits

Apr 24, 08 10:05 AM CDT
(Newser) - The Federal Reserve may be ready to cool its torrid rate-cutting after a likely .25% percentage point cut at its meeting next week, the Wall Street Journal reports. Futures markets are betting Chairman Ben Bernanke is unlikely to rest just yet, with little change in the month-to-month economic picture, but... More »

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inflation • Ben Bernanke • Federal Reserve • recession • subprime crisis • interest rate cut

 Bank of England
 Cuts Interest Rate 

Bank votes quarter-point cut to 5% as  downward pressure mounts

Apr 10, 08 7:35 AM CDT
(Newser) - The Bank of England today cut its benchmark interest rate 25 basis points to 5%, reports Bloomberg, hoping to keep the nation’s economy out of recession. Despite the third cut since December, BoE’s rate remains the highest among the Group of Seven industrialized nations; policymakers have drawn fire... More »

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inflation • Gordon Brown • recession • credit crisis • Bank of England • Mervyn King • interest rate cut

Bernanke: Adjustment Is Mostly Over

But admits economy could contract, possibility of recession

Apr 2, 08 10:24 AM CDT
(Newser) - Ben Bernanke for the first time acknowledged the possibility of a US recession, but he also voiced optimism that “much” of the adjustment period was over, the Wall Street Journal reports. His testimony before Congress seemed to suggest an end to aggressive stimulus measures—noting that rates had already... More »

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Congress • Ben Bernanke • Federal Reserve • recession • US economy • economic stimulus package • interest rate cut

Could the Credit Crunch Sink a Whole Country?

Iceland frets about collapse as interest rates spike to 15%

Mar 26, 08 9:10 AM CDT
(Newser) - The global credit crisis has spelled disaster for banks and hedge funds, but now worry is mounting that an entire country could go under. Yesterday the central bank of Iceland was forced to raise its interest rate 1.25 percentage points to 15% at an emergency meeting, reports the Financial ... More »

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inflation • Iceland • credit crisis • interest rate cut • krona • financial crisis

 Fed Cut Raises Inflation Fears 

Borrowers, exporters stand to gain, but critics find move 'self-defeating'

Mar 19, 08 10:27 AM CDT
(Newser) - The Federal Reserve's latest rate cut might boost the economy with cheaper credit, but economists worry a freed inflation genie could be behind any magic, the Washington Post reports. Commodity prices rose to record levels in expectation that the rate cut would keep demand high, and the price hikes are... More »

MORE ABOUT:
inflation • Ben Bernanke • Federal Reserve • mortgage • exports • commodities • interest rate cut • N. Gregory Mankiw • Lee Hoskins • Kenneth Rogoff

21 - 40 of 73 Stories | << Prev 1 2 3 4 Next >>


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