Jun 26
Digg
Stumbleupon
Technorati
Delicious

Stock Market Cools Down Rally After Fed Signals Aggressive Rate Cutting Is Over

Federal Reserve signals aggressive rate cuts are over; unclear about when rate hikes will come
WASHINGTON (AP) — The Federal Reserve’s aggressive period of cutting interest rates to keep the country from falling into a recession is over. That point is in general agreement. The trouble starts when you try to figure out what period the [...]

Author: admin
Jun 16
Digg
Stumbleupon
Technorati
Delicious

Calendar of major business events scheduled for Tuesday

Major business events and economic events scheduled for Tuesday:
WASHINGTON — Commerce Department reports on housing starts for May and on current account, first quarter, 8:30 a.m.
WASHINGTON — Labor Department reports on producer price index for May, 8:30 a.m.
WASHINGTON — Federal Reserve reports on industrial production for May, 9:15 a.m.
NEW YORK — Goldman Sachs Group Inc. [...]

Author: admin
May 26
Digg
Stumbleupon
Technorati
Delicious

an aggressive rate-cutting effort by the Federal Reserve Is Taking Effect

Lawrence Yun, chief economist for the Realtors, sees some hopeful signs. Some parts of the country that have been hammered with sharp declines in sales and prices, such as San Diego, Calif., and Fort Myers, Fla., are now reporting sales increases, as buyers are being lured back into the market, looking for bargains.
“Lower prices and [...]

Author: admin
May 21
Digg
Stumbleupon
Technorati
Delicious

Fed Warsh: Fed Spends A lot Of Time Thinking About Dollar

Fed Warsh: Fed Spends A lot Of Time Thinking About Dollar
Last Update: 5/21/2008 2:07:24 PM
Maya Jackson Randall and Meena Thiruvengadam
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)–Federal Reserve Governor Kevin Warsh Wednesday backed
away from a question about the dollar, but noted that in general it’s an
important issue for central bankers.
“No [...]

Author: admin
May 21
Digg
Stumbleupon
Technorati
Delicious

Bonds pare losses after Fed cuts ‘08 growth forecast

NEW YORK (MarketWatch) — Treasury prices pared their losses Wednesday after the
Federal Reserve slashed its economic growth forecast for 2008 and signaled a lack
of desire for more rate cuts. The 10-year Treasury note recently traded at 100
13/32, up from 100 11/32 before the Fed released its forecast and minutes from
its April 30 meeting, sending the [...]

Author: admin