Comments on: Federal Reserve Joins Central Banks Around the World in Cutting Rates, but Is It Too Late?

By: Italy Shores Up Banking Sector as Recession Looms

Italy Shores Up Banking Sector as Recession Looms — Wed, 01 Apr 2009 15:36:33 +0000

[...] Money Morning: Federal Reserve Joins Central Banks Around the World in Cutting Rates, but Is It Too Late? [...]

By: Bank of England’s Deflation Defense: More Cut Rates

Bank of England’s Deflation Defense: More Cut Rates — Wed, 12 Nov 2008 15:58:37 +0000

[...] same week, the BOE was also one of the nine central banks around the world that simultaneously cut interest rates to put an end to the worst market rout since the Depression [...]

By: U.K. Unveils Its Own Banking Bailout Package

U.K. Unveils Its Own Banking Bailout Package — Mon, 03 Nov 2008 15:50:55 +0000

[...] benchmark lending rate a half-point bringing it to 4.5%. [Please click here for a related story on the coordinated global central bank rate cuts in today’s issue of Money [...]

By: Fed to Cut Rates at Next FOMC Meeting as U.S. Recession Appears Likely

Fed to Cut Rates at Next FOMC Meeting as U.S. Recession Appears Likely — Tue, 28 Oct 2008 21:57:40 +0000

[...] Money Morning: Federal Reserve Joins Central Banks Around the World in Cutting Rates, but Is It Too Late? [...]

By: Fears of Mortgage Rate Re-Sets May Fuel LIBOR Manipulation and Mask Deeper Banking System Problems

Thu, 23 Oct 2008 13:26:23 +0000

[...] the United States have not been freed up, the U.S. Treasury Department and the U.S. Federal Reserve have gone to extraordinary lengths to thaw out the frozen markets and get credit flowing across the economy. Included in their buckshot-pattern arsenal of misguided [...]

By: Buy, Sell or Hold: PepsiCo Inc.

Buy, Sell or Hold: PepsiCo Inc. — Mon, 20 Oct 2008 14:00:29 +0000

[...] we have already seen increasingly aggressive policy responses by governments and central banks from all around the world. These policies have enough firepower to blunt the sell-off, to [...]

By: As the Credit Crisis Deepens, There Are Still Many More Questions Than Answers

As the Credit Crisis Deepens, There Are Still Many More Questions Than Answers — Mon, 13 Oct 2008 13:42:52 +0000

[...] coordinated intervention by the world’s central banks proved that the central bankers would work together to solve this crisis – rather than [...]

By: U.K. Unveils Its Own Banking Bailout Package | Jutia Group

U.K. Unveils Its Own Banking Bailout Package | Jutia Group — Fri, 10 Oct 2008 14:28:18 +0000

[...] benchmark lending rate a half-point bringing it to 4.5%. [Please click here for a related story on the coordinated global central bank rate cuts in today’s issue of Money [...]

By: Rick R. Pelley

Rick R. Pelley — Fri, 10 Oct 2008 13:56:16 +0000

The bankers can certainly “afford” to “smoke” or “snort” whatever, wherever. Nowadays, there is likely more of that than ever. They need something to “adjust” reality. The difference, now, though, is that Feds people have joined the “party”.

But, maybe, they have always been members of the same “club”.

By: Credit Crisis Update: Markets Plunge on Costly Credit, Paulson to Buy Bank Shares, IMF Warns of Global Recession

Fri, 10 Oct 2008 03:41:41 +0000

[...] Wednesday’s dramatic coordinated rate cut was followed yesterday by rate cuts from the central banks of Hong Kong, South Korea, and Taiwan. But interest rates remained little changed, as banks continue to be extremely gun-shy about lending to one another. [...]