Interest Rate Cut

Emergency Rate Cut Helpful But Not Enough

Henry Blodget | Posted 11.08.2008 | 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.

Fed Cut Is Bad News For Savers

USA Today | Barbara Hagenbaugh | Posted 03.28.2008 | 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 ...

Stocks Soar, Dow Rises 420 Points

AP | MADLEN READ | Posted 03.28.2008 | Business


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

Ask The Ben Bernanke 8-Ball!

236.com | Posted 03.28.2008 | 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 03.28.2008 | 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 03.28.2008 | 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 03.28.2008 | Business


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

Asian Stocks Rally Following Fed Interest Rate Cut

Reuters | Louise Heavens | Posted 09.28.2009 | 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...

White House Works To Resurrect Economy

AP | TERENCE HUNT | Posted 03.28.2008 | 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 03.28.2008 | 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 ...

Fed Slices Key Interest Rate After Global Market Slide

Washington Post | Posted 03.28.2008 | 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...

US Moves to Avert Economic Meltdown

AP | TERENCE HUNT | Posted 03.28.2008 | Business


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

Stocks Trade Flat After Initial Lift

AP | Joe Bel Bruno | Posted 03.28.2008 | 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...

Wall Street Tumbles After Interest Cut

AP | JEANNINE AVERSA | Posted 03.28.2008 | 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 ...

Oil Prices Go Up

AP | John Wilen | Posted 03.28.2008 | 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 ...

Fed Cuts Interest Rate By A Quarter Point

AP | Posted 03.28.2008 | 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...

Fed Expected To Cut Interest Rates Again

AP | Martin Crutsinger | Posted 03.28.2008 | 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 03.28.2008 | 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 03.28.2008 | 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...