男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

WORLD> America
Fed set to cut rates, others poised to follow
(Agencies)
Updated: 2008-10-29 19:32

LONDON -- The United States is expected to cut interest rates on Wednesday, a measure Japan, the European Central Bank and Britain are forecast to follow by the end of next week to bolster economies facing recession.

While dispensing with a repeat of the coordinated cuts made earlier this month, authorities fear the worst financial crisis in 80 years will usher in a long recession and are looking to individual rate reductions to soften the blow.


A woman walks past a stock quotation board displaying the Nikkei share average outside a brokerage in Tokyo October 28, 2008. [Agencies]

Hungary became the latest country to seek finance from global lenders, agreeing a rescue package worth US$25.1 billion to shore up its currency and markets.

The International Monetary Fund said if the crisis was prolonged and many more countries asked for help, it could need more money.

The Federal Reserve is widely expected to cut US rates by at least half a point to 1 percent, the lowest level since June 2004.

Related readings:
 US Fed poised to cut rates again
China cuts taxes, rates to boost housing market
 Interest rates slashed, but Wall Street lose again
 Rates cut to ward off slowdown

Norway's central bank was also seen reducing rates by 50 basis points to 4.75 percent on Wednesday.

"The picture is now so depressing that Norges Bank has to do whatever it can to decrease rates ... as quickly as possible," said Inge Furre, economist at Sparebanken Moere.

The Bank of Japan will consider cutting rates at a policy meeting on Friday but will watch market conditions before deciding, a source with knowledge of the matter told Reuters.

Bets on a quarter-point cut to 0.25 percent reversed a recent surge in the yen, which has hurt exporters and helped force Japanese shares lower.

COOPERATION

A cut by the world's second biggest economy would "send a message to the world that Japan is cooperating with other nations in tackling the financial crisis," said Koichi Haji, chief economist at NLI Research Institute in Tokyo.

The European Central Bank and the Bank of England are expected to ease policy at their regular meetings next week.

Falling oil and food prices probably helped to cool German inflation for the third month in a row in October, giving the ECB added scope to cut the rate.

An executive board member of the European Central Bank said growth in the Euro zone would be lower than expected.

"Confidence will not return until we stop to think about the measures which have been taken and we can see financial institutions resuming their normal activity," Jose Manuel Gonzalez Paramo said in a newspaper interview.

   Previous page 1 2 Next Page  
主站蜘蛛池模板: 久治县| 黑龙江省| 汨罗市| 横山县| 霍城县| 华阴市| 吉首市| 安吉县| 维西| 平远县| 会昌县| 若羌县| 祁阳县| 张北县| 呼图壁县| 新泰市| 和田县| 宿州市| 景泰县| 神农架林区| 厦门市| 元阳县| 慈溪市| 宜宾市| 文安县| 龙海市| 萨嘎县| 肥乡县| 湖口县| 开阳县| 高邑县| 牡丹江市| 万源市| 昌图县| 胶州市| 洪湖市| 横山县| 靖边县| 合作市| 曲阳县| 永吉县|