Fed starts one-day meeting as markets eye rate cut
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Federal Reserve policy-makers started a one-day meeting on Tuesday that was widely expected to end with Chairman Ben Bernanke's first interest rate cut.
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Three regional Federal Reserve banks sought a half-percentage-point cut in the discount rate ahead of December's Fed policy meeting, minutes of the Fed Board's discount rate meetings showed on Tuesday.
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The Federal Reserve Tuesday held interest rates steady for the fourth straight meeting - a widely expected move that comes as investors speculate about when the nation's central bank will begin to cut rates.
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Wall Street expects a two-day Federal  Reserve meeting this week to end with another cut in interest  rates as financial firms struggle with losses tied to subprime  mortgages and related securities.
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The Federal Reserve cut a short-term interest rate yesterday to try to keep problems in the housing and mortgage markets from dragging the nation into recession, but Wall Street judged the move as too timid and financial markets tanked.
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Shares fluctuated in early trading as the Federal Reserve opened a two-day meeting expected to result in another interest rate cut.
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The US Federal Reserve is widely expected to cut interest rates this week, maybe by 50 basis points.
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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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U.S. Federal Reserve policy-makers   started a meeting on Wednesday at which markets expect them to   hold interest rates steady, while renewing inflation warnings   and delivering an assessment of cooler economic growth.
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The Federal Reserve at its May 9  meeting believed that inflation was still the main worry, and  felt that risks the U.S. economy would decelerate abruptly had  diminished, minutes released on Wednesday show.
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U.S. Federal Reserve policy-makers meeting for a second day on Thursday look set to hold borrowing costs steady as they monitor risks that U.S. inflation could rekindle and that economic growth may stall.
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TORONTO (CP) - The next meeting of the US Federal Reserve will dominate markets early in the week as investors look for clues about economic strength and the pace of interest rate hikes.
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Fed watchers are set to take over on  Wall Street next week as a Federal Open Market Committee  meeting could give stock investors more clues on the outlook  for interest rates.
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U.S. Federal Reserve policy-makers started a meeting on Tuesday at which they are expected to hold official interest rates steady and retain a cautionary warning about inflation risks.
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The Federal Reserve is likely to follow its bold action last week to battle an economic downturn with further interest rate reductions, although analysts are split on just what size the future cuts will be.
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Wall Street expects a two-day Federal Reserve meeting this week to end with another cut in interest rates as financial firms struggle with losses tied to subprime mortgages and related securities.
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Stocks were higher in early trading amid speculation that the Federal Reserve will cut interest rates at its Jan. 29-30 meeting to ward off a recession.