Investors lap up Bernanke's rate cut

Posted by: Aaron Pressman on September 18, 2007

Sometimes a picture tells the whole story. Here’s the story on the Federal Reserve’s decision just now to cut both of its benchmark interest rates by half of a percentage point:

chart.png.png

I’ll update with reaction from around the web shortly tomorrow morning.

Post a comment

 

About

Bloomberg Businessweek’s Ben Steverman focuses on the latest moves in financial markets and emerging trends in stocks, bonds, and funds, always with an eye toward giving readers a better understanding of the sometimes confusing and often chaotic world of money. Standard & Poor’s senior index analyst Howard Silverblatt will also provide his take on companies’ finances and the markets. Voted one of the “Top 100 Finance Blogs” in 2007.

BW Mall - Sponsored Links

Buy a link now!