| | | Fed Widely Expected to Cut Rates 50 Basis Points to 1.00% | | | Tue, 28 Oct 2008 11:11:16 EST
It is widely expected that the Federal Reserve will cut the Fed funds rate by 50 basis points to 1.00% on Wednesday, the lowest level since June 2004. Fed watchers expect the vote to be unanimous and the accompanying statement to echo the "wait-and-see" approach seen in previous months. A joint statement from the banks read: "Inflation expectations are diminishing and remain anchored to price stability. The recent intensification of the financial crisis has...
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| CNBC Videos 10/28/2008 10:07:42 AM A downturn in residential real estate continues with very few bright spots, with David Blitzer, S&P 500 Index Committee chairman |
| CNBC Videos 10/28/2008 10:26:50 AM Republican presidential candidate Sen. John McCain (R-AZ) and vice presidential candidate Gov. Sarah Palin, (R-AL) discuss the economy and the upcoming election. |
| CNBC Videos 10/27/2008 9:34:21 PM Discussing the state of the commercial real estate market, with Mort Zuckerman, of U.S. News & World Report |
| CNBC Videos 10/28/2008 7:31:12 AM Insight on buying bonds, with Peter Fisher, Blackrock managing director |
| CNBC Videos 10/28/2008 8:27:20 AM A look at how the construction industry is faring through the financial crisis, with Daniel Tishman, Tishman Corporation chairman/CEO |
| CNBC Videos 10/28/2008 8:31:32 AM A look at the real estate market, with Barry Gosin, Newmark Knight Frank CEO and Daniel Tishman, Tishman Corp. CEO |
| CNBC Videos 10/28/2008 9:05:02 AM Florida is also in the crossfilre of the financial crisis, with Alex Sink, State of Florida chief financial officer |
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