Monday, January 28, 2008

FED decreased the interest with 0.75%

Federal Reserve of USA decreased its leading interest with emergency stroke for the first time from 2001. This was in result of the collapse of global financial maerkets and the jump of unemployment in USA may get it in recesion. This was commented by Bloomberg.
United States' Central Bank decreased overdraft interest of credits to 3.5% from 4.25%, commented bankers from the comitee of FED's open market.
"In spite of, the dificulties in short term decreased, wider circumstances of the financial markets continued to get worst", commented FED in its issue. To this action they went because of bad economy perspectives and increasing negative risks of the growing.

Labels:

posted by Zoritza Petrova @ 1:48 AM

0 Comments:

Post a Comment

<< Home