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| | | ... Russell said investors are awaiting tomorrow's interest rate decision in the US. "People are still waiting on the Federal Reserve decision on interest rates in the US with expectations of them cutting it. "Whether it's 25 basis points or 50 basis points ... |
| | | | ... down at 6686.1. NEW YORK - US stock markets finished higher on Monday, with investors betting heavily that the Federal Reserve would cut interest rates for a third straight time tomorrow. The benchmark Dow Jones Industrial Average ended up 101.05 points ... |
| | | | ... Chase slashed its earnings outlook for Wall Street banks. Investors turned cautious as the focus shifts to the Federal Reserve's next rate-setting policy meeting on December 11. At the close, the Dow Jones industrial average was down 60.07 points, or ... |
| | | | ... - Stocks closed out a dismal month on a high note, as rate-sensitive property shares climbed higher after the Federal Reserve chief suggested a further cut in US interest rates was possible in December. The benchmark Hang Seng Index ended at 28,643.61 ... |
| | | | ... following a recovery on Wall Street overnight. "Stocks there have rallied by almost three per cent on expectations the Federal Reserve will move to cut rates again in the US in the next month," Ms Saly said. "We had triple digit gains on our market at ... |
| | | | ... at 1022 AEDT. US stocks soared on Wednesday, sending the Nasdaq up more than 3 per cent, as investors bet the Federal Reserve will cut interest rates next month. Banks, insurers and other financials led the way higher after a Federal Reserve Bank official ... |
| | | | ... stock indices turned positive in late trading, as energy companies rallied on a big jump in the oil price. The Federal Reserve cut its forecast for US economic growth to a range of 1.8 to 2.5 per cent in 2008, citing weakness in housing and tighter credit ... |
| | | | ... stars flashing Euros instead of US dollars, I know our economy is in trouble." "I don't need the chairman of the Federal Reserve to tell me about the state of our economy. I just need Jay-Z, the new Alan Greenspan," he said. Both Federal Reserve Governor ... |
| | | | ... compared to last year. Bear Stearns fared better then expected, with write-downs limited to $1.33 billion. The Federal Reserve is also opening the Kimono in the interests of full disclosure, amid continuing uncertainty over the credit crunch's effect ... |
| | | | ... financial sector is still suffering a sub-prime-mauling, dragging shares down 18 per cent this year, prompting the Federal Reserve to cut interest rates and accelerating a sell-off in the US currency. Persistent rumours over potential billion dollar ... |
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