Interest rates on a slide

Article Abstract:

The Federal Reserve Board's decision to lower interest rates by a quarter point was due to the Asian and Russian economic woes. Although lower rates depress commodity prices and may favor real estate in the long-term, they could also signal weak worldwide demand that could trigger a depression.

Column, Practice, United States. Federal Reserve Board

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Woe to us if Congress ignores budget caps: fiscal discipline is key to keeping interest rates low

Article Abstract:

Federal spending policy for fiscal year 2000 will be the subject of the congressional debates in the coming months of 1999. Fiscal discipline should be the primary concern of lawmakers to prevent recessions such as the one that happened during the Bush administration.

Government spending policy, Expenditures, Public, Public expenditures

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The big picture in a down market

Article Abstract:

Low interest rates, which happen to be the lowest in 30 years, offer property sellers certain advantages. Under a low interest rate environment, sellers are most likely to achieve savings from upgrading properties in terms of monthly principal and interest payment.

United States economic conditions

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