City Guide
Answers
Login
Home
/
Community
/
Forums
/ Post a Reply
Post a Reply
Thread: Will US cut the interest rate???
Title:
(100 characters at most)
Content: ( 3,000 characters at most, please )
You can add emoticons below to your post by clicking them.
[quote=KATRINA,245769]Source: CNNMoney.com. Recently, US's economy and stock market have been affected by the subprime loan crisis. The investors have been hoping for weeks for cutting of the interest rate. On September 18th, the Federal Reserve will held a meeting However, after last week's disagreeable jobs report, Wall Street is more nervous than ever over the possibility that even the expected quarter-point rate cut next week may not be enough to save the economy from slipping into recession and stocks from sliding into negative territory for the year. That means the Federal Reserve might not choose to cut the interest rate. Last Friday morning, Bernanke, Federal Reserve chairman hinted that the central bank might cut rates if necessary. At present, it seems this measure may be not taken into consideration. What do you think? Will the central bank of US cut the interest rate? Why do the investors hope for interest cut? How will the stock market be affected? [/quote]
characters left
Name:
Get a new code
Copyright © 1998-2025 All rights reserved.