Fed ready to slash US interest rates
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Federal Reserve chairman outlines plan to stop the world's largest economy from sliding into recession
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The Federal Reserveâs decision to cut interest rates by three-quarters of a percentage point should offer some comfort to consumers, with limits.
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Key economic data from the United States this week may seal the case for the first cut in the federal funds rate in more than four years, which would help ease investor concerns about a fallout from the subprime crisis.
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The Federal Reserve cut a key interest rate by half a percentage point today, the second rate cut in nine days, in an aggressive move to try to prevent a recession.
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The Federal Reserve on Tuesday slashed U.S. interest rates by a hefty three-quarters of a percentage point, the biggest rate cut in more than 23 years, in an emergency bid to lend support to a U.S. economy some fear is on the verge of recession.
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Â· Pound falls as news swirls around money marketsÂ· US Fed poised to cut rates amid global liquidity crisis
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Betting on banks and movie theaters could be a good move if the Federal Reserve lowers a key interest rate at today's meeting.
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Key economic data from the United  States this week may seal the case for the first cut in the  federal funds rate in more than four years, which would help  ease investor concerns about a fallout from the subprime  crisis.
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Federal Reserve Chairman Ben Bernanke on Thursday acknowledged the economy faces increased risks and indicated the U.S. central bank is ready to cut interest rates aggressively to support growth.
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Abandoning recent threats to raise interest rates, the European Central Bank hinted Thursday that it would soon follow the Federal Reserveâs lead and cut them.
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The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, cut a key interest rate by three-quarters of a percentage point on Tuesday
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The US Federal Reserve is expected to hold interest rates at 5.25% as evidence grows of a slowing economy.
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Federal Reserve Bank of Dallas President Richard Fisher on Monday said the U.S. central bank cut interest rates last week to avert an unacceptable economic slowdown and said it could move again, in either direction.
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The US Federal Reserve holds interest rates at 5.25% as evidence grows of a slowing economy.
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Federal Reserve Chairman Ben S. Bernanke yesterday signaled that the central bank will cut interest rates aggressively to try to prevent a serious economic downturn, using unusually direct and forceful language.
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The U.S. Federal Reserve on Tuesday slashed the benchmark federal funds rate by a half-percentage point in a bold bid to buffer the economy from a housing slump and related financial market turbulence.
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The US Federal Reserve is widely expected to cut interest rates this week, maybe by 50 basis points.