term interest
Fed cuts rate by a quarter point, to 2%
The U.S. Federal Reserve reduced short-term interest rates for the seventh time in seven months on Wednesday, ... like Britain, Spain and the United States spiraled higher in the ...Rates held steady in euro area
Fed expected to cut rates, but focus will be on its words - International Herald Tribune
WASHINGTON : This time, will the Fed's words speak louder than its actions? Just ahead of a meeting of Federal Reserve policy makers this week, the widely shared consensus is that the Fed will most likely cut its benchmark short-term interest rate to ...