The Fed's cut of three-quarters of a percentage point is less than investors were expecting, but markets rallied nonetheless
After weeks of surprisingly aggressive moves to arrest the credit crunch, the Federal Reserve on Mar. 18 ...
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feds, rate cuts March 18th, 2008
Less is more for investors betting on dollar gains
SAN FRANCISCO (MarketWatch) -- The dollar rallied against the yen and the euro after initially seesawing against major rivals Tuesday, after the U.S. Federal Reserve's decision to ...
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Fixed and ARM mortgage rates don't necessarily follow the Fed
Whenever the Federal Reserve lowers interest rates, the phone calls start pouring in for Sam Barnett, a Realtor in Charlotte.
The callers want to know: Does this ...
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Even with a three-quarter-point cut in interest rates today, homeowners shouldn't hold their breath waiting for their mortgage rates to follow.
If recent history is any guide, the Federal Reserve's aggressive rate-cutting will have little or ...
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What started in subprime is likely to continue cascading into the markets and keep the economy down until 2010, economist Paul Krugman forecasts. Bottom line for homeowners: An average drop of 25%.
(Fortune Magazine) -- If ...
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Fed may decide to make rare 1% interest rate cut; Analysts call step far from cure-all
The Federal Reserve could make one of the biggest interest rate cuts in its history today as it tries to ...
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NEW YORK (Reuters) - Nearly all U.S. primary dealers now believe in the wake of Bear Stearns' near collapse that the Federal Reserve will cut key short-term rates by at least three-quarters of a percentage ...
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A divided Federal Reserve cut interest rates by three-quarters of a percentage point, delivering less than the markets hoped for despite the magnitude of the move.
The Fed's policy-making Federal Open Market Committee voted 8-2 to ...
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March 18 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke may be readying the deepest interest-rate cut in a generation as the central bank struggles to prevent a meltdown in financial markets and a recession.
Traders ...
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Prior to the Fed's Sunday night actions, the consensus looked for a 50 basis point Fed rate cut, but markets now have a 100 basis point cut discounted, in line with calls on Friday in ...
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