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Interest Rate Cut

The Fed Surprises

Gerald P. O'Driscoll, Jr. | Posted 10.11.2011 | Business
Gerald P. O'Driscoll, Jr.

There are two clear losers with the Fed's newest decision: the dollar and savers. The promise to keep interest rates low for two more years ensures continued weakness of the dollar against strong foreign currencies and gold.

Will Money Market Rates Be a Victim of the Fed (Again)?

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

In short, you should think about bond market trends when making decisions about your deposit accounts, but don't necessarily believe everything you hear from Wall Street.

Asian Stocks Rally Following Fed Interest Rate Cut

Reuters | Louise Heavens | Posted 05.25.2011 | Business

Asian shares rallied on Wednesday with Hong Kong jumping 7 percent after the Federal Reserve's biggest interest rate cut in over two decades tempted i...

Emergency Rate Cut Helpful But Not Enough

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

The central banks should have cut at least 100 basis points. World governments should also immediately band together and put together a comprehensive plan.

Ask The Ben Bernanke 8-Ball!

236.com | Posted 05.25.2011 | Business

Economic meltdown looms, and Federal Reserve Chairman Ben Bernanke is doing what he does best: lowering interest rates. At least, that's what financia...

Stocks Soar, Dow Rises 420 Points

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Wall Street stormed higher Tuesday as investors, optimistic following stronger-than-expected earnings from two big investment banks, ...

Fed Cut Is Bad News For Savers

USA Today | Barbara Hagenbaugh | Posted 05.25.2011 | Business

The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...

Fed Cuts Interest Rate By 3/4 Point

Reuters | Posted 05.25.2011 | Business

The Federal Reserve slashed a key U.S. interest rate by three-quarters of a percentage point Tuesday, a substantial cut but smaller than many in finan...

Fed Cuts Rates Boldly; Wall Street Wary

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting intere...

Congress Seeking New Stimulus Package To Jolt Slumping Economy

AP | ANDREW TAYLOR | Posted 05.25.2011 | Business

WASHINGTON — House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworke...

Fed Slices Key Interest Rate After Global Market Slide

Washington Post | Posted 05.25.2011 | Home

The Federal Reserve cut a key U.S. interest rate by three-quarters of a percentage point this morning, responding to a broad global sell-off of stocks...

White House Works To Resurrect Economy

AP | TERENCE HUNT | Posted 05.25.2011 | Business

WASHINGTON — Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress jo...

US Moves to Avert Economic Meltdown

AP | TERENCE HUNT | Posted 05.25.2011 | Business

WASHINGTON — Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress jo...

Stocks Dive, Then Rebound After Fed Cut

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — The opening bell hadn't even sounded on Wall Street when the Federal Reserve announced an emergency interest-rate cut. The Dow Jones ...

Oil Prices Go Up

AP | John Wilen | Posted 05.25.2011 | Business

Oil futures rose Tuesday, but retreated from earlier highs, after the Federal Reserve cut a key interest rate by one-quarter of a percentage point to ...

Stocks Trade Flat After Initial Lift

AP | Joe Bel Bruno | Posted 05.25.2011 | Business

Stocks gave up sharp gains to trade flat Wednesday after initially upbeat investors turned cool to a Federal Reserve plan to work with other central b...

Fed Cuts Interest Rate By A Quarter Point

AP | Posted 05.25.2011 | Business

The Federal Reserve has cut a key interest rate by one-quarter of a percentage point to 4.25 percent, the third rate cut in three months. The quarter...

Wall Street Tumbles After Interest Cut

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

The Federal Reserve dropped its most important interest rate to a nearly two-year low on Tuesday and left the door open to additional cuts to prevent ...

Fed Expected To Cut Interest Rates Again

AP | Martin Crutsinger | Posted 05.25.2011 | Business

Faced with a spreading mortgage crisis, the Federal Reserve is expected to cut interest rates today for a third straight time and hint that even more ...

Rate Cut Unlikely To Help Housing Market

AP | Alan Zibel | Posted 05.25.2011 | Business

The interest rate cut Wall Street believes will buffer the economy from housing market woes is unlikely to boost hard-hit banks and homebuilders much ...

Fed Cuts Rates By Quarter Point

AP | Martin Crutsinger | Posted 05.25.2011 | Business

The Federal Reserve, confronted with surging oil prices and a slumping housing market, on Wednesday cut a key interest rate by a quarter-point, the se...