Archive for April, 2008
Maybe The Recession Was Outsourced Too
Maybe The Recession Was Outsourced Too
Real GDP grew at a 0.6 percent annual rate during the first quarter, which was slightly ahead of expectations. The rise, along with the recently announced faster pace of tax rebates raises doubts as to whether or not real GDP will decline at all in 2008, leaving many people wondering […]
Dollar To Rise On Interest Rate Pause
Dollar To Rise On Interest Rate Pause
The dollar rose against the euro and the yen on speculation the Federal Reserve will signal tomorrow that it’s going to pausing interest-rate cuts. The U.S. currency headed for its first monthly advance versus the yen and euro since December as traders increased bets the Fed will stop reducing […]
Fed Poised to Cut Rates; May Take Break
Fed Poised to Cut Rates; May Take Break
WASHINGTON — The Federal Reserve is poised to deliver another interest rate cut to millions of people and businesses this week, although that could be the last break they get for a while. […]