﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0"><channel><title>Rate Cut Watch from Newser</title><description>Interest rates are headed lower. But how low can they go? The latest interest rate cuts have many concerned that they are too extensive and could lead to inflation and more instability. Others on Wall Street see the cuts as necessary for restoring the economy from the disorder in the housing and credit markets.&amp;nbsp;</description><link>http://www.newser.com/</link><copyright>2008 - Newser</copyright><language>en-us</language><generator>Newser Feed Generator</generator><pubDate>Wed, 03 Dec 2008 21:34:24 CST</pubDate><item><guid isPermaLink="true">http://www.newser.com/story/42704/banks-boost-interest-rates-to-lure-deposits.html?refid=rss_all_default</guid><title>Banks Boost Interest Rates to Lure Deposits</title><description>Banks are boosting interest rates on deposits in an effort to increase the supply of cash available for lending, resulting in what one consultant calls a "national price war," the  Wall Street Journal  reports. Many banks are pinched between the desire to build up deposits and the shrinking profit margins that come with paying higher interest on those funds. "Where you can really get hurt is on the liquidity side," says one banker.</description><link>http://www.newser.com/story/42704/banks-boost-interest-rates-to-lure-deposits.html?refid=rss_all_default</link><pubDate>Fri, 14 Nov 2008 8:51:26 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/42698/15-nation-eurozone-falls-into-recession.html?refid=rss_all_default</guid><title>15-Nation Eurozone Falls Into Recession</title><description>The 15-nation eurozone has entered recession for the first time since the introduction of the common currency in 1999. The bloc's GDP contracted 0.2% in the second quarter, worse than expected, according to new figures released today. Several individual European nations, including giant Germany, are already contracting, and forecasters see little sign of a turnaround soon.</description><link>http://www.newser.com/story/42698/15-nation-eurozone-falls-into-recession.html?refid=rss_all_default</link><pubDate>Fri, 14 Nov 2008 5:37:22 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/42015/race-to-zero-under-way-as-central-banks-cut-rates.html?refid=rss_all_default</guid><title>'Race to Zero' Under Way as Central Banks Cut Rates</title><description>Interest rates around the world are falling, with no end in sight as central banks hack away at obstacles to lending and try to jump-start their economies, Bloomberg reports. With the US rate at 1%, the Bank of England yesterday cut its key figure to 3%, the lowest since 1955, and the European Central Bank cut its rate by half a point, to 3.25%.</description><link>http://www.newser.com/story/42015/race-to-zero-under-way-as-central-banks-cut-rates.html?refid=rss_all_default</link><pubDate>Fri, 07 Nov 2008 8:12:11 CST</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/41292/think-1-is-low-he-could-go-to-zero.html?refid=rss_all_default</guid><title>Think 1% Is Low? He Could Go to Zero</title><description>Yesterday Ben Bernanke cut the federal funds rate to an ectomorphic 1%—but the Fed might not be done yet. More and more analysts are predicting that the central bank will have to cut rates all the way to zero if it wants to get the economy moving again. But don't get too excited, writes the  New York Times : A 0% funds rate would apply only to interbank lending, and wouldn't mean free money for consumers.</description><link>http://www.newser.com/story/41292/think-1-is-low-he-could-go-to-zero.html?refid=rss_all_default</link><pubDate>Thu, 30 Oct 2008 7:45:59 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/41219/fed-cuts-rate-half-point-to-1.html?refid=rss_all_default</guid><title>Fed Cuts Rate Half-Point to 1%</title><description>The Federal Reserve surprised no one today, cutting interest rates by half a point, to 1%—as investors widely predicted he would, AP reports. “The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures,” the Fed said in a statement, with the financial crisis “likely to exert additional restraint on spending.”</description><link>http://www.newser.com/story/41219/fed-cuts-rate-half-point-to-1.html?refid=rss_all_default</link><pubDate>Wed, 29 Oct 2008 11:35:23 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/41208/market-dips-as-eyes-turn-to-fed.html?refid=rss_all_default</guid><title>Market Dips as Eyes Turn to Fed</title><description>Stocks took a modest dip at the open today, as investors waited for a rate cut decision from the Federal Reserve. The Dow fell 53 points, while the S&amp;P and Nasdaq crept down 0.9% and 1.1% respectively. Investors are expecting a half-point rate cut, bringing the fed funds rater down to 1%, and some believe an even bigger cut is coming, the  Wall Street Journal  reports.</description><link>http://www.newser.com/story/41208/market-dips-as-eyes-turn-to-fed.html?refid=rss_all_default</link><pubDate>Wed, 29 Oct 2008 8:46:36 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/41201/fed-rate-cut-to-1-expected.html?refid=rss_all_default</guid><title>Fed Rate Cut to 1% Expected</title><description>Worries about inflation are taking a backseat to recession fears as the Federal Reserve today is likely to lower its benchmark rate another half-point to 1%, with the possibility it could go to zero by June if the economy doesn’t rebound, reports Bloomberg. “The issue now is how bad the recession will be,'' said one expert.</description><link>http://www.newser.com/story/41201/fed-rate-cut-to-1-expected.html?refid=rss_all_default</link><pubDate>Wed, 29 Oct 2008 7:52:48 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/41061/as-investors-seek-cover-central-banks-slash-rates.html?refid=rss_all_default</guid><title>As Investors Seek Cover, Central Banks Slash Rates</title><description>Central banks worldwide are slashing interest rates, attempting to stem the bleeding in financial markets as investors dump holdings, credit remains tight, and currencies spasm in value, the  Washington Post  reports. The Federal Reserve is set to cut rates for the second time in as many weeks tomorrow, while the EU plans to do the same next week. South Korea cut three-fourths of a point yesterday.</description><link>http://www.newser.com/story/41061/as-investors-seek-cover-central-banks-slash-rates.html?refid=rss_all_default</link><pubDate>Tue, 28 Oct 2008 7:18:39 CDT</pubDate></item><item><guid isPermaLink="true">http://www.newser.com/story/41105/stocks-jump-on-rate-cut-hope.html?refid=rss_all_default</guid><title>Stocks Jump on Rate-Cut Hope</title><description>Stocks shot up at the bell this morning, powered by rallies overseas and speculation that another Fed rate cut is coming down the pike. The Dow rose 239, while the S&amp;P and Nasdaq saw 2.9% and 3.3% jumps respectively. Hong Kong’s Hang Seng in particular saw a dizzying 14.4% jump after a grisly day yesterday, though one market watcher warned that Asia’s “trading mentality” could render gains ephemeral.</description><link>http://www.newser.com/story/41105/stocks-jump-on-rate-cut-hope.html?refid=rss_all_default</link><pubDate>Tue, 28 Oct 2008 8:35:46 CDT</pubDate></item></channel></rss>