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Showing 761 - 770 of 822 results for "Central banks"

The end is nigh

BENJAMIN ONG  |  MONDAY, 13 OCT 2008
Measures, measures and more measures. How long is a piece of string? How much more money must central banks kept throwing at banks, financial institutions and businesses to get credit flowing again? Selective bailouts, massive rescue packages, coordinated ...

Patience is a virtue

BENJAMIN ONG  |  FRIDAY, 10 OCT 2008
... day brings fresh news that financial Armageddon is nigh. Yesterday's concerted action by 6 of the world's major central banks - plus the Peoples Bank of China - on top of prior cuts by the RBA and the Hongkong Monetary Authority, were followed by interest ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 OCT 2008
... in Melbourne. Yesterday, the Australian share market shrugged off coordinated interest rate cuts by the world's central banks to stem the global credit crisis and continued its freefall to close at fresh three-year lows. The local bourse was weighed ...

Market Wrap - Midday

AAP  |  THURSDAY, 9 OCT 2008
... its eyes from the smack in the mouth it's had all week and... we've got all these wonderful interest rate cuts by central banks around the world, but they actually have to start to have effect, which takes forever," Mr Bishop said. "You've had the bailout ...

The global recession we have to have

BENJAMIN ONG  |  THURSDAY, 9 OCT 2008
Central banks threw in the kitchen sink. In a coordinated move, six major world central banks each cut their benchmark target interest rate by 50 basis points in efforts to stem the global panic. The US Federal Reserve lowered the fed funds rate to ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 OCT 2008
... Wall Street tried but failed to find some stability from an interest rate cut by the Federal Reserve and other big central banks. At 0807 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 12 points at 4,336. ...

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
... some Asian and European markets reacted favourably to the RBA's shock and awe tactic - speculating that their own central banks would follow our central bank's lead - US equities were nonplussed. Hopes that the US Federal Reserve will lower interest ...

Fed on Zero Interest Rate Policy?

BENJAMIN ONG  |  TUESDAY, 7 OCT 2008
Taking lessons from the past, a shock response from the world's major central banks in the form of big interest rates reductions - in the order of say 50-100 basis points each time - might assist reducing the magnitude and length of the coming recession ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... According to the Fed's website: 'The FOMC has authorised increases in all of the temporary swap facilities with other central banks. These larger facilities will now support the provision of U.S. dollar liquidity in amounts of up to $30 billion by the ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... for a federal housing authority. The US Treasury secretary will coordinate with foreign financial authorities and central banks about establishing similar rescue programs. Limits excessive compensation and bonuses for executives at companies that sell ...