Rate Cuts

European Markets Higher On Hopes Of Rate Cuts

AP | JEREMIAH MARQUEZ | Posted 12.04.2008 | Business


HONG KONG — Asian stock markets were mixed in cautious trade Tuesday after Wall Street's relatively flat finish ahead of the U.S. presidential e...

Obama's New Deal for America

Amb. Marc Ginsberg | Posted 11.08.2008 | Politics


Amb. Marc Ginsberg

I believe now is the time for Obama to consider a bolder and more historic approach to the financial crisis by presenting to middle income Americans a step-by-step "big think" FDR-style New Deal program.

Interest Rate Cuts Unlikely: Fed Officials

AP | JEANNINE AVERSA | Posted 06.02.2008 | Business


WASHINGTON — Sounding a gong couldn't have made it clearer. Federal Reserve officials are putting out the word that further interest rate cuts a...

Forget The Candidates, Unelected Officials Take Economic Center Stage

MSNBC | Tom Curry | Posted 03.28.2008 | Business


Step aside Clinton, Obama, and McCain. Make way for Bernanke, Paulson, and Geithner. In an election year in which the public and the news media have ...

Bernanke Doesn't See Return of '70s Woes

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation isn't "anywhere near" the dangerous stagflation situat...

Another 3/4 Point Rate Cut Coming?

CNBC | Posted 03.28.2008 | Business


Forget a half-point cut. Wall Street is now speculating that the Federal Reserve will lower interest rates another three-quarters of a point next week...

Fed Looks Poised To Lower Interest Rates Again At Tuesday Meeting

AP | JEANNINE AVERSA | Posted 03.28.2008 | 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 ...

Bernanke Hints Of Further Rate Cuts

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


Federal Reserve Chairman Ben Bernanke on Thursday hinted that another interest rate cut may be needed to bolster the economy. The worsening credit cru...