Archive for March, 2008
Fed Offers $100 Billion More to Banks
Fed Offers $100 Billion More to Banks
WASHINGTON — The Federal Reserve announced Friday it will auction another $100 billion in April to cash-strapped banks as it continues to combat the effects of a credit crisis.
The central bank said it would make $50 billion available at each of two auctions, on April […]
Consumer Spending Weak in February
Consumer Spending Weak in February
WASHINGTON — Consumers turned in the weakest spending performance in 17 months in February, while their confidence dropped to the lowest level in 16 years, raising further fears of a recession.
The Commerce Department said Friday […]
Euro Remains Firm - But Is There Weakness Underneath?
Euro Remains Firm - But Is There Weakness Underneath?
Talking Points
Japanese Yen: Back to 100 as equities rally and data mixedEuro: Hovers near 1.5800 on Weber comments but Retail PMI drops below 50Pound: Below 2.000 as CA deceptively badSwiss Franc: KOF disappointsUS Dollar: Personal Income Spending on tap
Euro Remains Firm - But Is There Weakness Underneath?
Another […]