Newsmeme!
Discover News you didn't know existed

• home
• news
• tagging
• how it works
• about
• data

Internet

News

Fed orders emergency rate cut to 1.5 percent

Published October 8, 2008, 4:20 am, NBC 2 Fort Myers

The Federal Reserve has ordered an emergency interest rate cut of a half a percentage point to cope with the worst financial crisis since the 1929 stock market crash.

Full Story

Tags

No tags found at this time. Be the first to tag this news item, learn more.

Imagery

Related Internet Stories

From Various News Sources

Fed orders emergency rate cut to 1.5 percent - Philadelphia Inquirer
WASHINGTON - The Federal Reserve cut a key interest rate by half a percentage point Wednesday to steady an economy teetering on the kind of financial collapse that America suffered in 1929. Fed Chairman Ben Bernanke and his colleagues ratcheted down ...

Fed Orders Emergency Interest Rate Cut to 1.5 Percent - FOX News
WASHINGTON ? The Federal Reserve has ordered an emergency interest rate cut of a half a percentage point to cope with the worst financial crisis since the 1929 stock market crash. Fed Chairman Ben Bernanke and his colleagues ratcheted down their ...

Federal Reserve Board cuts key interest rate by half percentage point ... - Minneapolis Star Tribune
WASHINGTON - The Federal Reserve has ordered an emergency interest rate cut of a half a percentage point to cope with the worst financial crisis since the 1929 stock market crash. Fed Chairman Ben Bernanke and his colleagues ratcheted down their key ...

Fed orders rate cut to 1.5 percent - WISH-TV
WASHINGTON (AP) - The Federal Reserve has ordered an emergency interest rate cut of a half a percentage point to cope with the worst financial crisis since the 1929 stock market crash. Fed Chairman Ben Bernanke and his colleagues ratcheted down their ...

Fed orders emergency rate cut to head off crisis - Detroit Free Press
Fed Chairman Ben Bernanke and his colleagues ratcheted down their key rate by 0.5 percent, to 1.5 percent. The action revives the central bank?s rate-cutting campaign which had been halted in June out of concerns that those low rates would worsen ...

Fed orders unscheduled, emergency rate cut (w/video) - Houston Chronicle
Caught in the projection from a stock market monitor, a trader ponders his next move Tuesday in Riyadh, Saudi Arabia. WASHINGTON ? The Federal Reserve has ordered an emergency interest rate cut of a half a percentage point to cope with the worst ...

Fed Orders Emergency Interest Rate Cut - AOL
Fed Chairman Ben Bernanke and his colleagues ratcheted down their key rate by 0.5 percent, to 1.5 percent. The action revives the central bank's rate-cutting campaign which had been halted in June out of concerns that those low rates would worsen ...

Fed orders emergency rate cut to 1.5% - Washington Times
Getty Images "The steps being taken now to restore confidence in our institutions and markets will go far to resolving the current dislocations in the markets," Federal Reserve Chairman Ben S. Bernanke said in a speech in Washington on Tuesday ...

U.S. job cuts accelerate, recession fears rise - Forbes
WASHINGTON (Reuters) - U.S. employers cut 159,000 jobs last month, a ninth straight monthly reduction and the deepest in 5-1/2 years, the government said in a report Friday that suggested the economy may be in recession. The Labor Department report ...

Job cuts accelerate, recession fears rise - Boston Globe
WASHINGTON (Reuters) - U.S. employers cut 159,000 jobs last month, a ninth straight monthly reduction and the deepest in 5-1/2 years, the government said in a report on Friday that suggested the economy may be in recession. The Labor Department ...

Related Social Bookmarks

None found at this time.