U.S. stocks advance on interest rate cut hopes
Story date: 2008-01-29 01:43:00
Added on: 2008-01-29 19:00:52
Xinhua News Agency - NEW YORK, Jan. 29 (Xinhua) -- Wall Street advanced Tuesday as the Federal Reserve is expected to cut interest rate to stimulate the weakening U.S. economy. The Fed opened a two-day meeting on Tuesday, which was expected to result in another interest ...
Read more...
Related Stories:
-
Wall Street rebounds on interest rate cut hope
Xinhua News Agency - NEW YORK, Nov. 20 (Xinhua) -- Wall Street rebounded Tuesday as investors expected the Federal Reserve to cut...
2007-11-20 03:20:00 -
Reports: U.S. Fed expected to hold steady on rates - Xinhua News Agency
WASHINGTON, Sept. 9 (Xinhua) -- The U.S. government's takeover of Fannie Mae and Freddie Mac won't change the Federal Reserve's current course...
2008-09-09 07:40:00 -
Bank of Canada cuts interest rate - Xinhua News Agency
OTTAWA, Oct. 21 (Xinhua) -- The Bank of Canada cut interest rates Tuesday by one-quarter of a percentage point to 2.25 percent....
2008-10-21 09:33:00 -
Fed cuts U.S. interest rate by 0.75 percentage points
Xinhua News Agency - Voting against was William Poole, who did not believe that current conditions justified policy action before the ......
2008-01-21 03:54:00 -
NZ Reserve Bank interest rate cut larger than expected - Xinhua News Agency
WELLINGTON, Sept. 11 (Xinhua) -- The New Zealand Reserve Bank on Thursday cut the official cash rate by half a percentage point,...
2008-09-10 05:19:00 -
Australian PM says rate cut to provide modest relief for mortgage ... - Xinhua News Agency
CANBERRA, Sept. 2 (Xinhua) -- Australian Prime Minister Kevin Rudd said here on Tuesday the first official interest rate cut in nearly...
2008-09-02 03:31:00 -
Financial market turmoil doesn't require key rate change, says Fed ...
Xinhua News Agency - WASHINGTON, Aug. 21 (Xinhua) -- A senior official from U.S. Federal Reserve said Tuesday that the financial market...
2007-08-21 10:09:00 -
ECB leaves interest rate unchanged despite pressure
Xinhua News Agency - BERLIN, Feb. 7 (Xinhua) -- The European Central Bank (ECB) left its benchmark interest rate unchanged at 4...
2008-02-07 07:35:00
