Wednesday, October 29, 2008

Fed rate cut expected

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Shares are set to fall on Wednesday, with futures for the Dow Jones, S&P 500 and Nasdaq down between 1.9 and 2.4 percent. * All eyes will be on the Federal Reserve's interest rate decision at 12:15 p.m. EDT, widely expected to be a cut to 1 percent, from 1.5 percent. * Wall Street enjoyed its second-biggest ever rise on Tuesday, with the Dow Jones Industrial Average .DJI soaring 10.9 percent, as investors took advantage of cheap valuations, and bet that borrowing costs worldwide would come down. Japan's Nikkei Index .N225 rose 7.7 percent on Wednesday. * Third-quarter earnings are due from a raft of companies, including Procter & Gamble Co., Kellogg Co., Kraft Foods, Corning, Cardinal Health, Allergan, Comcast Corporation (CMCSA.O: Quote , Profile , Research , Stock Buzz ), Praxair Inc and Prudential Financial (PRU.N: Quote , Profile , Research , Stock Buzz ) * Orders for durable goods data in September are set to show a decline of 1.2 percent on the previous month after a 4.8 percent decline in August. * Other economics data due includes lending figures from The Mortgage Bankers' Association.

Fed Rate Cut Expected | GFT Forex
U.S. dollar down in currency trading ... Disclaimer: Forex trading involves high risks, with the potential for substantial losses and is not suitable for all persons.
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Fed Rate Cut Expected; Could Bolster Lending : NPR
The Federal Reserve holds its last meeting of 2007 today, where it is expected to announce a cut in interest rates of 25 basis points (a quarter of a percentage point). The cut ...
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fed-cuts-5-as-expected-rates-up
The first Fed meeting of 2008 ended today with another cut to short term interest rates. In addition to the .75 emergency cut last week, the Fed cut another .5 today, in a move ...
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Another Fed rate cut expected. - Credit in the News - FICO Forums
Another rate cut expected.  The bottom isn't here yet folks.  Strap in and enjoy the ride.
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USA TODAY survey: Fed rate cut expected this week
Federal Reserve policymakers this week are likely to cut interest rates as the economy slumps into a recession marked by the first decline in consumer spending in 17 years ...
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Another Key Interest Rate Cut Expected From Fed
Central banks around the world might act together to cut interest rates. The worst financial crisis in 70 years has forced the Federal Reserve to employ all the weapons in its arsenal — including cutting interest rates to near historic lows — to ...
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Source: ABC News
NewsDateTime: 1 hour ago

US futures point to decline; Fed rate cut expected
* U.S. shares are set to fall on Wednesday, with futures for the Dow Jones DJc1, S&P 500 SPc1 and Nasdaq NDc1 down between 1.9 and 2.4 percent. * All eyes will be on the Federal Reserve's interest rate decision at 1815 GMT, widely expected to be a ...
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Source: Reuters
NewsDateTime: 35 minutes ago

Stock futures point to decline; Fed rate cut expected
LONDON (Reuters) - Shares are set to fall on Wednesday, with futures for the Dow Jones, S&P 500 and Nasdaq down between 1.9 and 2.4 percent. * All eyes will be on the Federal Reserve's interest rate decision at 12:15 p.m. EDT, widely expected to be a ...
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Source: MSN MoneyCentral
NewsDateTime: 49 minutes ago

GLOBAL MARKETS-Stocks gain on rate cut hopes, but outlook grim
United States - * Fed expected to cut rates, speculation grows of BoJ easing * Yen edges up but lower on the week vs U.S. dollar * Oil climbs as stocks rally but gains are tame By Kevin Plumberg HONG KONG, Oct 29 (Reuters) - Most Asian stock markets ...
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Source: Forbes
NewsDateTime: 3 hours ago

Fed Prepares to Cut Rate to Fight Financial Crisis
The Federal Reserve is widely expected to cut interest rates by at least a half-percentage point on Wednesday in yet another move to turn around the credit crisis that is threatening the United States with a deep and prolonged recession. The Federal ...
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Source: CNBC
NewsDateTime: 2 hours ago


Democratic presidential candidate Barack Obama will launch an unprecedented television blitz to push his economic message on U.S. networks ranging from CBS and NBC to Comedy Central.


Videos from YouTube
Title: National Emergency Statement! LaRouche Speaks on Fed Rate
Categories: treaty,national,north,president,congress,stanley,News,street,reserve,central,Bernanke,depression,equity,indymac,greenspan,european,war,obama,stearns,wall,city,corn,mccain,iran,state,LaRouche,collapse,iraq,lisbon,morgan,gore,bank,union,ethanol,financier,euro,lending,oil,economic,gold,american,interest,food,fuel,gas,afganistan,citigroup,federal,order,dollar,rate,crisis,london,world,amero,market,soros,spot,rand,of,eu,recession,ayn,housing,percent,Lyndon,bear,credit,new,

Published on: 8/5/2008 9:45:19 PM
Title: Surprise! It's a Fed rate cut! Gnooze 1-23-08
Categories: rate,gnooze,cut,wall,stocks,fred,padilla,News,funny,jose,street,news,dirty,comedy,heath,law,ledger,fed,thompson,order,bomb,

Published on: 1/23/2008 2:07:31 AM
Title: FED RATE CUTS Now what?
Categories: stock,rate,crisis,cuts,market,Comedy,fed,

Published on: 10/8/2008 7:28:24 AM
Title: National Emergency Statement! LaRouche Speaks on Fed Rate
Categories: 700,war,News,money,reserve,bailout,Bernanke,LaRouche,billion,federal,bush,Lyndon,

Published on: 9/24/2008 11:43:30 AM
Title: Jim Cramer Hype, Fed Rate Cut, Merrill Lynch Talks Recession
Categories: cnbc,rate,cramer,market,interest,News,stock,reserve,money,goldman,bartiromo,federal,nesto,ratigan,dylan,kudlow,jim,matt,sachs,

Published on: 9/24/2007 7:14:48 PM

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