Market slides on US rate cut
Story date: 2008-01-30 09:13:00
Added on: 2008-01-30 23:56:09
News.com.au - The media speculation by a CNBC reporter came in the last hour of trade, reversing 1.5 per cent gains triggered by an aggressive interest rate cut by the Federal Reserve. The Dow Jones industrial average dropped 37.47 points, or 0.30 per cent, to 12 ...
Read more...
Related Stories:
-
'It's time to raise taxes'; Professor calls for five-per-cent hike to ...
Kingston Whig - The panel predicted a 2.6 per cent growth in real GDP for Canada for 2008, an inflation rate of...
2007-12-07 02:36:00 -
US rate move prompts $60bn surge
News.com.au - The futures market, which last week reduced the expectation of the official interest rate rise from 40 per cent to...
2008-01-23 12:24:00 -
U.S. cuts rate further to 4.25 per cent
Nigeria Guardian - T HE U.S. Federal Reserve has cut interest rates from 4.5 per cent to 4.25 per cent in a...
2007-12-12 08:02:00 -
RBI hikes repo rate by 0.50 per cent, CRR by 0.25 per cent to contain ... - New Kerala
The Finance Mnistry said that the Government expects that the measures taken by the RBI will help in moderating and containing inflation....
2008-07-29 09:16:00 -
The Mortgage Clinic: 'Should we wait for a better fixed-rate deal?' (Independent)
'Our two-year fix with A&L at 4.6 per cent ends in November and we've taken steps to fix a rate...
2008-08-05 04:24:29 -
Bank of England urged: cut base rate now – before it's too late
The Independent - The BCC believes interest rates will fall to 4.75 per cent from the current 5.25 per cent by the...
2008-02-09 04:00:00 -
Bank mortgage moves under magic 9 per cent mark (The New Zealand Herald)
Kiwibank has cut its key 2 year fixed mortgage rate to 8.99 per cent from 9.29 per cent, moving below 9 per...
2008-05-15 01:46:17 -
Wall Street banks on rate cut boost
MSNBC - Interest rate futures imply odds of around 40 per cent that the FOMC will surprise investors and cut the funds...
2007-12-11 06:49:00