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Business & Technology | Fed may cut interest rates even more | Seattle Times Newspaper
seattletimes.nwsource.com - 11/30/2008
Business & Technology | Fed may cut interest rates even more | Seattle Times Newspaper
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The Federal Reserve is widely expected to cut interest rates again — and might even cut all the way to zero — to revive the economy. A 0.5 percentage point cut is expected at the central bank's Dec. 15-16 meeting, which would bring the target to 0.5 percent. That's the lowest level ever based on ...
calculatedrisk.blogspot.com - 12/4/2008
House Prices and Interest Rates
— calculatedrisk.blogspot.com — There were two stories published today concerning house prices and interest rates. The first story came out... this morning, and quoted a report from Global Insight suggesting "the housing market is now slightly undervalued". Please stop laughing ... And ... (more) House Prices and Interest Rates

Comments vote down Economist's View found this 12/4/2008found this
Real interest rates plunge!
gregmankiw.blogspot.com - 12/3/2008
Real interest rates plunge!
— gregmankiw.blogspot.com — According to U.S. Treasury data , the five-year real interest rate from the TIPS market on 11/28/08... was 4.17 percent. Yesterday , it was 2.03 percent. What happened? It appears to be, in large measure, a figment of data construction. Here is how the ... (more) Real interest rates plunge!

Comments vote down Econbrowser found this 12/3/2008found this
Interest rates cut: Bank of England cuts rates from 3 per cent to 2 per cent
telegraph.co.uk - 12/4/2008
Interest rates cut: Bank of England cuts rates from 3 per cent to 2 per cent
— telegraph.co.uk — Rates have never been any lower since the Bank's foundation in 1694. The aggressive move, which most... economists had forecast, comes as a raft of data shows the state of the economy is worsening by the day. Earlier today, Halifax, the country's ... (more) Interest rates cut: Bank of England cuts rates from 3 ...

Comments vote down Trader Daily Combined Feed found this 12/4/2008found this

Blog Reactions

Mises Economics Blog:  Will Federal Funds Soon Be Free?

Eidelblog:  Will the Fed be stupid enough to lower the FFR?

Comments
Blog Reactions

Will Federal Funds Soon Be Free?
Mises Economics Blog — No, but they be become zero-priced.

Will the Fed be stupid enough to lower the FFR?
Eidelblog — Probably. (Hat tip to my friend Billy Beck.) Tonight I don't have time to delve into the immorality of people being forced to use the government's money, so let's just play the Keynesians' own game. Even if their theories worked, and that's a big "if," look at the FFR now: go here and scroll to the bottom. What is the FFR these days? The real rate, not the intended one. (By the way, the AP writer apparently couldn't be bothered to find rates before 1990. The lazy idiot probably found this page and decided to go no further.) So, uh, how can the ...

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The banking crisis is blunting the effect of rate cuts THE Bank of England, established in 1694, has never set the official interest rate below 2%. On December 4th it tumbled to that historic floor, last seen in 1951, as the bank cut the base rate ...
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