Bernanke Remarks Buoy Dollar

Tuesday, June 3rd, 2008

Remarks by Fed Chairman Ben Bernanke helped to lift the U.S. dollar to a two week high. Investors have been extremely nervous about fuel costs, and the negative effect high gas prices have on the economy. They feared that if the Fed were to continue cutting interest rates, ...

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Fed Cuts Federal Funds Rate By 75 Basis Points

Tuesday, January 22nd, 2008

It's the biggest rate cut ever in the nonstop "cut the rates and save the economy" show that's been going on at the Federal Reserve. Fearing a global sell off of stocks, the Fed dug deep and came up with the largest interest rate decrease in recent memory. Is Bernanke ...

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