iOS app Android app

Rate Cut

Why The Rate Cut Was Important To Main Street

Vince Farrell | Posted 05.25.2011 | Business
Vince Farrell

The Federal Reserve lowered the Fed Funds rate on Wednesday to 1%. The move was widely expected but it's still important for a few reasons.

World markets rally, led by Latam, Asia

AP | PAN PYLAS | Posted 05.25.2011 | Business

LONDON — World stock markets were stronger Thursday led by sharp rallies in Asia and Latin America after the U.S. Federal Reserve said it would ...

Federal Reserve Orders Emergency Rate Cut To 1.5%

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a p...

Goldman Sachs: Fed May Cut Rate Today

Reuters Via CN | Posted 05.25.2011 | Business

An emergency interest rate cut from the Federal Reserve is possible ahead of its March 18th policy meeting, according to a Goldman Sachs research note...

Surprise Rate Cut Unlikely Despite Recession Fears

CNBC | Albert Bozzo | Posted 05.25.2011 | Business

Despite the growing chorus on Wall Street predicting a recession this year, economists say the Federal Reserve is unlikely to cut interest rates befor...

Central Bankers To Lend Billions In Credit Crisis

New York Times | VIKAS BAJAJ and FLOYD NORRIS | Posted 05.25.2011 | Business

A day after the Federal Reserve disappointed investors with a modest cut in interest rates, central banks in North America and Europe on Wednesday ann...

Fed Looks Poised To Lower Interest Rates Again At Tuesday Meeting

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

What a difference in economic conditions since the Federal Reserve last met in October. Credit has become harder to obtain, Wall Street has convulsed ...

Rate Cut Expected Today

AP | Martin Crutsinger | Posted 05.25.2011 | Business

With oil prices soaring and the housing market sinking, the Federal Reserve is likely to combat the economic turmoil with more interest rate cuts. Fe...