Blog > Archive by tag 'rate cut'
The Bank of England and the European Central Bank slashed their respective interest rates. The Bank of England cut the rate by a huge 1.5 percentage points, the ECB remained true to its timid self by cutting a mere 0.5 percent.
by J. Christoph Amberger
Baltimore — (TFN): The European central bankers did something uncharacteristic today. They [...]
The equities market is holding tough today thanks to interest rate cuts. Companies like Morgan Stanley (NYSE:MS) and National City (NYSE:NCC) are making gains. But is it really good news?
By Andrew Snyder
Baltimore – (TFN): The Federal Reserve has been working overtime, yet the markets are not respecting its hard work. It is the sign [...]
'For those who want to engineer spending, the problem is that the people who receive the funds may not decide to spend it immediately, if at all. They may, god forbid, elect to pay down existing debt or most perniciously, actually save it instead. Just recently, the Treasury Department launched a program to streamline Social [...]