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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
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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 largest lender said that house prices had fallen ...
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
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
— seattletimes.nwsource.com — 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 ... (more) Business & Technology | Fed may cut interest rates even ...

Comments vote down Mises Economics Blog found this 11/30/2008found this

Blog Reactions

Trader Daily Combined Feed:  Rate Cut Thursday Is Finally Here

The Mess That Greenspan Made:  Thursday morning links

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Blog Reactions

Rate Cut Thursday Is Finally Here
Trader Daily Combined Feed — ... Ernst & Young ITEM Club, said: "You could almost hear the sigh of relief up and down the country when the Bank of England's Monetary Policy Committee announced a 100 basis point cut in the base rate. "As was the case last month, it was almost certain that interest rates would be slashed, but the big question was by how much. ITEM believes that the MPC was right to cut the base rate of interest to 2 per cent – anything less would have been a missed opportunity." Continue reading on Telegraph.co.uk

Thursday morning links
The Mess That Greenspan Made — ... - Bloomberg Harvard Lessons: No place to hide - MarketWatch Dow Will Equal Gold in 2009 - Seeking Alpha ECONOMY Initial jobless claims fall to 1-month low of 509,000 - MarketWatch Calls for $1 Trillion Stimulus Package Grow as Economy Tumbles - Bloomberg The American Crisis and the Case for an Inflationary Depression - Seeking Alpha Embracing inflation - Guardian INTERNATIONAL Bank of England cuts rates from 3 per cent to 2 per cent - Telegraph New Zealand Cuts Key ...

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