Sunday, March 27, 2011

The Fed said it would cut interest rates again significantly.

<P> 10, said Fed Chairman Ben Bernanke, the Fed will again cut interest rates dramatically to prevent the subprime mortgage crisis led to slower U.S. economic growth. .</ P> <P> Bernanke said the housing market downturn, weakening employment, the Fed expects U.S. economic growth will slow, but not recession. .In order to stimulate economic growth, the Fed will take strong measures. .</ P> <P>: http://finance. Some economists believe the Fed meeting later this month will reduce the federal funds rate by 0.5 percentage points, but also suggested that the adjustment will be 0.25 percentage points, because of the high .energy prices may cause inflation. .</ P> <P> order to stimulate economic growth, the Fed last cut the federal benchmark interest rate three times, last November has even more interest rate adjusted to 4.25%, the lowest in two years. .</ P>.

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