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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: interest rate cut

interest rate cut stories: 73 news summaries

41 - 60 of 73 Stories | << Prev 1 2 3 4 Next >>

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MARKETS

 Stocks Blast Off; Dow Rises 420 

Worries lessen that investment banks are doomed

Mar 18, 08 3:47 PM CDT
(Newser) - Stocks blasted off today, with the Dow up more than 400 points after the Fed rate cut and a rally by investment bank stocks. "The run on the investment banks would appear to be over,'' a strategist told Bloomberg. The Dow ended up 420.41 at 12,392.... More »

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stock market • Goldman Sachs • Federal Reserve • interest rate cut

updated

 Fed Cuts 
 Key Interest 
 Rate ¾ Point 

But Wall Street had hoped for more

Mar 18, 08 1:37 PM CDT
(Newser) - The Federal Reserve today cut the federal funds rate by ¾ of a percentage point, from 3% to 2.25%, disappointing many investors who were hoping for a cut of a full point, reports the Wall Street Journal. The Fed voted 8-2 for the rate cut. "Recent information indicates... More »

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Ben Bernanke • Federal Reserve • weak dollar • interest rate cut

Fed 'Will Get on Top of This,' Says Bernanke Mentor

Scope 'far exceeds'
that of previous crises

Mar 18, 08 10:35 AM CDT
(Newser) - Ben Bernanke has the savvy to inject enough liquidity into the US economy to push it through the current credit crisis, says a leading economist who advised the Fed chief's MIT doctoral thesis. “The Fed will get on top of this,” said Stanley Fischer, ahead of this afternoon's... More »

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inflation • Ben Bernanke • Federal Reserve • International Monetary Fund • MIT • IMF • credit crisis • interest rate cut • financial crisis

Fed Cuts Bank Discount 
Rate to Boost Liquidity  

Latest step to stem worsening credit crisis and bolster panicky markets

Mar 16, 08 7:21 PM CDT
(Newser) - The Federal Reserve raced to buck up an anxious financial sector today by cutting its discount rate to banks by a quarter point, to 3.25%, the AP reports. It also created a new lending facility to aid investment banks with short-term loans. The moves are "designed to bolster... More »

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Ben Bernanke • Federal Reserve • US economy • liquidity • interest rate cut • federal loans

 Most Economists Say
 Recession Is Here 

WSJ poll sees big shift toward the negative from survey five weeks ago

Mar 13, 08 5:00 PM CDT
(Newser) - A cascade of bleak financial news has convinced most economists in a Wall Street Journal poll that the US is already in a recession. The results are markedly more negative than a similar survey only five weeks ago, and much of the foul mood can be traced to last week’... More »

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Wall Street • recession • unemployment • retail sales • payrolls • interest rate cut • economy • downturn

 Gold Hits Record $1K per Ounce 

Slumping US economy, dollar sends investors to shiny commodity

Mar 13, 08 1:03 PM CDT
(Newser) - Gold hit $1,000 per ounce for the first time today, the BBC reports, as investors flock to commodities. The precious metal is already up 20% on the year. “Every bit of bad US economic data boosts gold in two ways,” said Fortis Bank, both because gold is... More »

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inflation • Federal Reserve • interest rate • US dollar • gold • commodities • interest rate cut

Despite Fed, Silicon Valley Bullish on Economy

Many tech workers not seeing US slump

Feb 27, 08 5:31 PM CST
(Newser) - Ben Bernanke’s report to Congress on monetary policy offered a grim outlook on the economy, but ABC News sees some signs that good news may be around the corner: workers in Silicon Valley, a national economic bellwether, feel good about their prospects. Rising exports, the recently-passed stimulus package and... More »

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Ben Bernanke • Silicon Valley • Federal Reserve • subprime mortgages • recession • housing crisis • interest rate cut

Bernanke Signals New Rate Cuts

Says central bank 'will act as needed'
to further minimize economic risks

Feb 27, 08 9:15 AM CST
(Newser) - Federal Reserve Chairman Ben Bernanke today said that the board stands ready to cut interest rates again to give the economy "adequate insurance against downside risks," reports the Wall Street Journal. The move, which follows 2.25% in cuts to the key rate since September, is widely expected... More »

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inflation • Ben Bernanke • housing market • Federal Reserve • energy prices • House Financial Services Committee • testimony • US economy • credit market • Federal Open Market Committee • interest rate cut • labor market

Inflation Spikes, Cut in Jeopardy

Fed may have hands tied, as CPI soars past expectations

Feb 20, 08 9:04 AM CST
(Newser) - Core inflation bounded ahead of expectations in January, which is bad news for anyone betting on a big rate cut from the Fed–and for the Fed itself. The consumer price index rose 0.4%, with core CPI rising 0.3%, putting the year-over-year figures at 4.3% and 2.... More »

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inflation • Ben Bernanke • Federal Reserve • Consumer Price Index • core inflation • US economy • interest rate cut

Bernanke Suggests Rate Cuts Ahead

Fed chief sees threats from employment, housing, credit

Feb 14, 08 9:20 AM CST
(Newser) - Federal Reserve Chairman Ben Bernanke signaled today that further interest rate cuts might be necessary, citing continuing fallout from the credit and housing market collapses, reports the Wall Street Journal. Bernanke told the Senate Banking Committee he expected "a period of sluggish growth, followed by a somewhat stronger pace... More »

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Ben Bernanke • Federal Reserve • recession • US economy • interest rate • credit crisis • subprime crisis • Senate Banking Committee • interest rate cut

Fed Battles to Balance Rate Cuts, Inflation

Officials fret over steep drop hampering possible recovery

Feb 8, 08 11:57 AM CST
(Newser) - Inflation worries have some Fed officials hinting that interest-rate cuts may slow down, sparking concerns among investors who expect the central bank to trim rates 75 more basis points at its March 18 meeting, reports the Wall Street Journal. Rates have been reduced 2.25% since September—to 3%--in... More »

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inflation • Federal Reserve • recession • interest rate cut

MARKETS

Rate-Cut Rally Fades Away

Stocks soar, then drop on Fed action

Jan 30, 08 3:40 PM CST
(Newser) - The Fed’s half-point rate cut this afternoon briefly sent stocks soaring—before the rally crumbled and the Dow ended down 37.47 points at 12,442.83. Most Streeters have welcomed the series of interest rate slashes, but some are concerned they are too aggressive and could trigger inflation... More »

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Yahoo • Dow Jones • Nasdaq • Dow • S&P 500 • interest rate cut

Fed Cuts Key Rate by
Half Point

Officials signal further cuts possible as overnight lending rate hits 3%

Jan 30, 08 1:24 PM CST
(Newser) - The Federal Reserve cut a key interest rate by a half percentage point today, reports the Wall Street Journal, bringing the benchmark overnight lending rate down to 3% even as officials signaled that further cuts were possible. The widely anticipated move follows last week's emergency .75% cut to a rate... More »

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Ben Bernanke • Federal Reserve • recession • US economy • short term interest rate • interest rate cut

MARKETS

Stocks Up on Rate-Cut Hopes

Investors look for grim housing numbers to lead to a cut

Jan 28, 08 3:48 PM CST
(Newser) - Stocks finished in positive territory today, riding hopes that grim new housing numbers will lead the Fed to cut interest rates this week. "The main event for the week will be the Fed-rate decision on Wednesday," a strategist tells MarketWatch. The Dow was up 176.72 to 12,... More »

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stock market • McDonald's • Citigroup • Federal Reserve • American Express • interest rate cut

World Money Chief Calls for Global Action

IMF head foresees widespread slowdown, backs US stimulus

Jan 28, 08 10:55 AM CST
(Newser) - With a global recession looming, the head of the IMF has warned bankers meeting in Davos, Switzerland, that lower interest rates alone won’t avert a crisis, the Financial Times reports. Dominique Strauss-Kahn called on governments to follow the US in easing fiscal policies, reversing a quarter-century of emphasis on... More »

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International Monetary Fund • recession • IMF • John Thain • Dominique Strauss Kahn • Davos • Larry Summers • subprime crisis • consumer loan markets • interest rate cut

How Low Will Bernanke Go?

Fed meets Wednesday to decide if another rate cut is needed right now

Jan 24, 08 9:29 AM CST
(Newser) - The Fed’s emergency three-quarter percentage-point cut Tuesday to the short-term interest rate was a boon to US markets, but whether the Fed will go lower in its interest-rate lambada remains to be seen. Most analysts expect a half-point cut, to 3%, at the Fed's meeting Wednesday, reports the Wall ... More »

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Ben Bernanke • Federal Reserve • prime rate • housing bubble • interest rate cut

OPINION

Did Fed Freak With Emergency Rate Cut?

Decision smacks
of panic—and worse trouble yet to come

Jan 23, 08 10:13 AM CST
(Newser) - Yesterday's steep interest rate cut—just a week ahead of a scheduled policy meeting—made the staid Federal Reserve come across as spooked and jumpy, leaving many to wonder if the Fed knows of worse news to come, Reuters' Ros Krasny writes. The surprise .75-point cut "is a declaration... More »

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Ben Bernanke • Federal Reserve • financial markets • recession • Asian markets • European markets • interest rate cut

MARKETS

Stocks Plunge, Battle Back

Markets decline, but emergency rate cut moderates effect

Jan 22, 08 3:38 PM CST
(Newser) - Stocks declined today but ended the session up from the depths of their initial plunge, as the Fed's emergency rate cut seemed to calm freaked-out investors. "This at least gets people from piling in on the short side of things," one strategist told MarketWatch. The Dow fell 128.... More »

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Federal Reserve • markets • interest rate cut

Fed Slashes Key Interest Rate by .75%

Emergency three-quarter-point cut
drops prime rate to 6.5%

Jan 22, 08 7:32 AM CST
(Newser) - The Federal Reserve, confronted with a world-wide sell-off triggered by fears of a US recession, cut a key interest rate by three-quarters of a percentage point today. The benchmark overnight lending rate was cut to 3.5% from 4.25%, which drops the prime rate to 6.5%. The Fed... More »

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interest rate cut

MARKETS

IBM Leads Stock Surge

Hopes for another rate cut also contributed to the rally

Jan 14, 08 3:45 PM CST
(Newser) - Stocks surged today, propelled by hopes for an interest rate cut and expectation-busting fourth-quarter results from IBM. "The Fed has a very hard job right now, but I think the market is saying it thinks they are up to the task," a trading exec told the Wall Street ... More »

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stock market • IBM • gold • interest rate cut

41 - 60 of 73 Stories | << Prev 1 2 3 4 Next >>


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