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CNN
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Oil prices briefly surpassed $103 a barrel for the first time Friday as persistent weakness in the U.S. dollar and the prospect of lower interest rates attracted fresh money to the oil market. Light, sweet crude for April delivery on the New York Mercanti..
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BBC News
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The US dollar hit a new record low against the euro as investors sold the currency after the Federal Reserve's hefty interest rate cut.
The greenback dropped below the psychologically important $1.40 against the euro, deepening recent losses.
The eu..
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BBC News
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US interest rates have changed for the first time since mid-2006, reduced from 5.25% to 4.75%, an unforeseen 0.5% cut which shot shares to four year highs.
Analysts had expected the Federal Reserve to cut rates 0.25% to prevent a housing market downtur..
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Guardian Unlimited
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Iran's financial system suffered a fresh jolt yesterday with panic selling on the stock market after the president, Mahmoud Ahmadinejad, abruptly ordered banks to cut interest rates sharply, despite surging inflation.
The order, which Mr Ahmadinejad is..
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CNN
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The European Central Bank has decided to hold its key interest rate steady at three and three-quarters percent. The decision comes as euro countries see economic growth and falling unemployment.
Analysts believe a rate increase is still to come in May..
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USA Today
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Richard DeKaser predicts that the Federal Reserve will keep interest rates unchanged all year. But after that, it's anyone's guess.
While the economy has slowed, a situation that could point to an interest rate cut, "We've got a war on inflation that's..
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BusinessWeek
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Financial institutions the world over use Libor—short for the London interbank offered rate—to set the interest paid on everything from mortgage loans to complex financial instruments. But now questions are being raised about whether the rate has been..
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BusinessWeek
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Many of the satellite communications outfits that ended up in bankruptcy have reemerged and are drawing the interest of private equity
Some of the biggest names in tech have tried—and failed—to win at satellite communications. Remember Teledesic, a..
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CNN
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The dollar dipped below 100 yen for the first time in 12 years Thursday amid growing worries about a U.S. economic slowdown and expectations for lower U.S. interest rates. The dollar also fell to record lows against the euro, which rose above $1.5625 mid-..
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MSNBC
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A lot of readers have been wondering why mortgage rates are jumping — even as the Federal Reserve is busy cutting interest rates. This week, Fed Chairman Ben Bernanke makes a special guest appearance at the Answer Desk to help explain what’s going on...
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BBC News
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The Bank of Japan's rate-setting committee has voted unanimously to keep interest rates on hold at 0.5%, in a widely expected move.
Despite data on Thursday showing strong economic growth in the last quarter of 2007, analysts said the bank was concerne..
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MSNBC
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Just one week after an emergency three-quarter-point interest rate cut to calm jittery global financial markets, the Federal Reserve’s rate-setting committee sits down Tuesday to figure out its next move.
While many investors are expecting another ag..
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MSNBC
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The Federal Reserve is likely to follow its bold action last week to battle an economic downturn with a further interest rate reduction Wednesday, although analysts are split on just what size the future cuts will be.
Some believe the Fed will settle i..
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BBC News
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European stock indexes have remained under pressure on concerns that the region's central banks will not follow the US in slashing interest rates.
On Tuesday, the US Federal Reserve made its biggest rate cut for 25 years in an effort to avert a full-bl..
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BBC News
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The European Central Bank (ECB) has left interest rates unchanged at 4%.
High oil prices and an increase in the cost of food have buoyed inflation in the eurozone at a time when economic growth is seen slowing.
The ECB has said inflation remains a p..
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CNN
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The Bank of England held interest rates steady at 5.5 percent on Thursday, resisting calls for a cut amid mounting signs of Britain's slowing domestic economy. The European Central Bank also left its key interest rate unchanged at 4 percent Thursday amid..
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BusinessWeek
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Indexes were unable to keep their four-day winning streak alive on Monday amid persistent worries about the economy, interest rates and housing
Stocks closed lower Monday as traders demonstrated a reluctance to push the market higher after last week's..
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MSNBC
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Federal Reserve Chairman Ben Bernanke on Thursday hinted that another interest rate cut may be needed to bolster the economy. The worsening credit crunch, a deepening housing slump and rising energy prices probably will create some “headwinds for the co..
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CNN
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The European Central Bank held its benchmark interest rate steady at 4 percent on Thursday, resisting pressure for a cut in the face of a rising euro that some fear will hurt Europe's economies.
Markets will be paying close attention to what ECB Presid..
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www.mises.org
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On September 18 the Fed cut its target for the fed funds rate by 50 basis points (0.5 percentage points), from 5.25% to 4.75%. The move surprised many analysts who had been expecting a more modest cut of 25 basis points.
For those versed in the Austrian..
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