Fed needs to beware the sting in the tail of monetary policy
Article Abstract:
The Federal Reserve's decision to reduce interest rates is discussed. The fact that cutting interest rates will not resolve all the problems arising in an economy experiencing a cyclical downturn is highlighted.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Greenspan's surprise rate cut rescues markets
Article Abstract:
The Federal Reserve Board's decision to reduce US interest rates by 0.5% to 6% is discussed. It is argued that US consumer spending will continue to prop up a mildly buoyant world economy.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
US markets: prepare to ride out the bumps
Article Abstract:
The reasons for the slowdown in the US economy are considered. It is argued that reduced economic growth in the US will not necessarily have a disastrous impact on Europe.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Hi-tech changes that are dragging the law into the 21st century. The case for the defence
- Abstracts: When it comes to sex, there's nothing quite like an honest Puck. The bare essentials
- Abstracts: Allies seek to play role of hidden persuaders in the new great game. Diplomats strive to clear logjam over Afghan force
- Abstracts: Gore sees the presidency in his grasp. The president who never was. The humourless bully who lost his birthright
- Abstracts: Do funds need a theme? The ISAs really do have it