Fed cuts key interest rate a half point
The U.S. Federal Reserve today sliced its key federal funds rate to 4.75% from 5.25%, the first downward move in the rate in four years.U.S.…
- By: IE Staff
- September 18, 2007 September 18, 2007
- 13:23
The U.S. Federal Reserve today sliced its key federal funds rate to 4.75% from 5.25%, the first downward move in the rate in four years.U.S.…
Modest decline in third-quarter profit better than some expected
Federal Reserve Board meeting eagerly awaited by traders
C$ inches closer to parity, closing at US97.24¢, while oil closes above US$80 a barrel
Ratings firm doesn’t cover products with market disruption clauses
Markets seen trading in a narrow range in anticipation of Tuesday’s expected cut by the Fed
But firm pares earnings estimates by 3%-4% for 2007 and 2008
New electronic equity market is currently offering trade execution services for three stocks
U.S. markets react favourably to a strong consumer confidence report
Oil prices slip after closing above US$80 a barrel for the first time
C$ also continues its upward climb, reaching US96.83¢
New research looks at the effects of the recent subprime-related credit crunch on hedge funds
But Canadians lack the knowledge to effectively manage their finances
C$ continued its upward climb Thursday morning after a strong close on Wednesday
C$ continues upward climb, reaches US96.5¢
Rising home prices, mortgage rates, utilities and taxes drive erosion
Buyers over 55, changing lifestyles, will keep market growing through 2011
Move aimed at improving flexibility, liquidity
Bank of Canada governor chides market players in address to Canada-U.K Chamber of Commerce
Wall Street futures, foreign markets looking down; C$ up
C$ jumps almost a full dollar against the greenback to US95.99¢
The limited availability of loan and bond-financing will accelerate the failure of companies with high leverage and poor business models