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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! | 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...

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 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 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...