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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: interest rate cut

interest rate cut stories: 73 news summaries

61 - 73 of 73 Stories | << Prev 1 2 3 4

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Bernanke Hints at Hefty Interest Rate Cuts

Fed hopes to thwart troubled markets, unemployment

Jan 10, 08 1:30 PM CST
(Newser) - The Federal Reserve may make "substantive" cuts to interest rates later this month in the face of rising economic difficulties, Ben Bernanke said today. Citing troubled financial markets and rising unemployment, the Fed chairman implied that it might drop its target short-term interest rate by .5% from 4.25%.... More »

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

Goldman Predicts Recession

Wall Street's top firm sees two unhappy quarters ahead

Jan 10, 08 12:31 PM CST
(Newser) - Goldman Sachs is predicting that the economy will slide into a recession this year—which has Wall Street worried, because Goldman’s been right about everything else. The investment firm forecasts a mild pullback extending over two quarters, driving up already-growing unemployment. “If we don't get job growth we... More »

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inflation • Goldman Sachs • Federal Reserve • recession • unemployment • consumer spending • US economy • interest rate cut

Fed Remains Open to More Rate Cuts

Minutes from last meeting display growing concern about markets

Jan 2, 08 7:33 PM CST
(Newser) - Fed officials will consider deeper rate cuts and a "substantial further easing of policy" if the turmoil in the credit and housing markets continues, according to minutes of last month's meeting. Officials displayed surprise at the extent of the housing crisis and acknowledged that market strains "could persist... More »

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inflation • Ben Bernanke • Federal Reserve • US economy • interest rate • discount rate • Federal Open Market Committee • housing crisis • interest rate cut

Oil Hits Record $100 a Barrel

Disruptions in Nigeria, Mexico
stoke supply concerns

Jan 2, 08 11:11 AM CST
(Newser) - Crude oil prices jumped $4.02 today to push past $100 a barrel for the first time as Nigerian violence, disrupted Mexican exports, and the specter of dipping US stockpiles stoked supply fears in the face of ever-rising energy demands, CNNMoney reports. The previous record was $99.29, set November... More »

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oil • Nigeria • exports • Port Harcourt • oil price • Nigerian violence • oil supply • US stockpiles • $100 a barrel oil • interest rate cut

MARKETS

Stocks Plunge After Rate Cut

Investors had hoped for half-point cut

Dec 11, 07 3:54 PM CST
(Newser) - Stocks plunged today after the Fed cut a key interest rate by only a quarter-point, Bloomberg reports. Investors who had hoped for a half-point fear the smaller cut won't do enough to stave off a recession. "They're thinking that the Fed doesn't get it," said a strategist. The... More »

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stock market • Federal Reserve • interest rate cut

Fed OKs Quarter-Point Cut

Federal funds figure drops for 3rd month

Dec 11, 07 1:30 PM CST
(Newser) - The Federal Reserve cut two key interest rates at this afternoon's meeting, lopping a quarter-point off both the federal funds rate and the discount rate. The federal funds rate now stands at 4.25%, which represents a drop of 100 basis points over the past 3 months, the Wall Street ... More »

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Federal Reserve • interest rate • discount rate • federal funds rate • interest rate cut

MARKETS

Stocks Even to Close Week

Mixed data, Fed anticipation stall markets

Dec 7, 07 3:50 PM CST
(Newser) - The markets ended mostly even today as mixed data and anticipation of next week’s Fed meeting kept investors cautious. Given the suspense over a potential rate cut, “who is going to make a big bet now?” asked one strategist. The Dow closed up 5.69 at 13,625.... More »

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Dow Jones • consumer confidence • unemployment • Nasdaq • S&P 500 • interest rate cut

UK Cuts Interest Rates, But EU Holds Steady

Subprime woes force first rate cut in Britain
in over two years

Dec 6, 07 7:21 AM CST
(Newser) - The Bank of England cut its benchmark interest rate for the first time in over two years today, reducing the bank rate by a quarter-point to 5.5%. The cut drove the pound down to about $2.02, its lowest in 2 1/2 months. The European Central Bank in Frankfurt,... More »

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European Central Bank • Bank of England • Mervyn King • interest rate cut

Fed Slashes
Key Interest Rate Another Quarter-Point

Board signals further cuts are no sure thing

Oct 31, 07 1:42 PM CDT
(Newser) - The Federal Reserve cut its key lending rate today by 25 basis points, to 4.5%. The expected reduction is the second of the federal funds rate in two months. The board asserted, however, that growth and inflation risks are now “roughly balanced,” a signal that further cuts... More »

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

Asia Stocks Surge After Fed Cut

Prices soar to highest levels in a month

Sep 19, 07 5:00 AM CDT
(Newser) - Asian stocks rebounded after the US Federal Reserve announced a half point cut in its key lending rate in a bid to bolster growth and avoid a consumer spending slowdown. Toyota, Samsung Electronics and Honda, among those companies with the most to lose from a loss of consumer confidence, led... More »

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Federal Reserve • stocks • recession • markets • Asian markets • Japanese economy • interest rate cut

Fed Slashes Benchmark Rate

Larger-than-anticipated drop drives stocks up, dollar down

Sep 18, 07 2:05 PM CDT
(Newser) - The Federal Reserve aggressively cut its benchmark rate today, dropping the federal funds rate a half-point to 4.75%. The larger-than-expected cut was “intended to help forestall” the ballooning credit crisis, the central bank said in a statement. The cut in the key interest rate, the first in 4... More »

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stock market • Federal Reserve • stocks • benchmarks • credit crisis • interest rate cut

US Lost Jobs
for First Time
in 4 Years

August payroll drop shows subprime crisis affecting economy

Sep 7, 07 8:45 AM CDT
(Newser) - In the first drop since 2003, the US lost 4,000 jobs in August, surprising experts and putting more pressure on the Fed to reduce rates at its upcoming meeting. Economists had predicted an increase of 100,000 or more jobs. The decline in employment is the clearest signal to... More »

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Federal Reserve • United States • employment • recession • unemployment • manufacturing • credit market • payrolls • interest rate cut • job

Interest Rate Cut Triggers Panic in Iran

President goes over finance minister's head, ignites sell-off

May 25, 07 2:05 PM CDT
(Newser) - Iran's erratic president has set off a stock market scare by ordering banks to slash interest rates, despite high inflation and lots of expert advice to the contrary. The move sparked panicked selling and fears of a full-blown financial crisis, the Guardian reports. The new decreed rate is 12%, down... More »

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Iran • stock market • Mahmoud Ahmadinejad • finance • bank • US economy • interest rate • interest rate cut

61 - 73 of 73 Stories | << Prev 1 2 3 4


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