Rate Cut

Illinois Tool Works Net Income Falls 35%

By Steve Gelsi| MarketWatch Pulse| Markets

… significantly higher levels compared to the second quarter," the company said. The Glenview, Ill. company said a higher tax rate cut its earnings by 3.5 cents a share. Revenue dropped to $3.58 billion from $4.64 billion. Wall Street analysts …

Story|10/20/2009

Russian Central Bank Cuts Interest Rates To 10%

By Polya Lesova| MarketWatch Pulse| Other Stories

… lowered its refinancing rate by 50 basis points to 10% on Tuesday, according to a statement posted on its Web site. The rate cut will be effective on Sept. 30. The bank last lowered interest rates on Sept. 14 by 25 basis points. In Moscow, the …

Story|09/29/2009

Russia's Central Bank Cuts Rates To 10.5%

By Polya Lesova| MarketWatch Pulse| Markets

… Polya Lesova MarketWatch Pulse FRANKFURT -- Russia's central bank lowered Monday its refinancing rate to 10.5% from 10.75% previously. The rate cut will be effective on Tuesday. Copyright © 2009 MarketWatch, Inc.

Story|09/14/2009

The Bernanke Put « Emac's Stock Watch

Emac's Stock Watch

… Thanks, Michael, Dighton Mass August 14, 2009 at 1:07 pm Bob Hickerson Emac, I remember reading your blog on the Rate Cut Races(January 30th 2008). I believe that the only solution that would realistically boost the economy might not be …

Blog|08/12/2009

Indonesia's Economy Grows By 4% In Second Quarter

By Polya Lesova| MarketWatch Pulse| Other Stories

… analysts wrote in a note to clients. "Growth is likely to pick up in coming quarters, suggesting last week's policy rate cut by the central bank represents the end to its easing cycle." Jakarta's JSX Composite stock index rose 1.7% on Monday …

Story|08/10/2009

Russia Cuts Interest Rates To 10.75%

By Polya Lesova| MarketWatch Pulse| Markets

… lowered Friday its benchmark refinancing rate by 25 basis points to 10.75% effective on Aug. 10. Market reaction to the rate cut was limited, but the ruble is down 1% against its dual currency basket this morning following an early morning drop …

Story|08/07/2009

Russia Central Bank Cuts Key Rate To 10.75%

By William L. Watts| MarketWatch Pulse| Markets

… rate by half a percentage point in each of the four previous moves. Economists at Danske Bank in Copenhagen said the the rate cut was not a big surprise "as the central bank had earlier indicated that it was looking to lower its key refinancing rate …

Story|08/07/2009

Hungary Cuts Rates More Than Expected

By Polya Lesova| MarketWatch Pulse| Other Stories

… its base rate by 100 basis points to 8.50%. Most analysts expected a reduction of only 50 basis points. After the rate cut , the Hungarian forint traded down 0.8% against the euro. Hungary is mired in a deep recession and has received aid …

Story|07/27/2009

Brazil Cuts Key Rate, Hints At End Of Easing Cycle

By Carla Mozee| MarketWatch Pulse| Other Stories

… basis points to 8.75%, a decision that had been widely anticipated by market analysts. It was the fifth consecutive rate cut this year, as policymakers aimed to cushion the region's largest economy from the impact of the global financial crisis …

Story|07/22/2009

Russia's Central Bank Reduces Interest Rates

By Polya Lesova| MarketWatch Pulse| Other Stories

… rate by 50 basis points to 11%, according to a statement posted on its Web site. The rate cut will be effective on Monday. The "latest interest rate cut is unlikely to do much to help the ailing economy," said Neil Shearing, Emerging Europe …

Story|07/10/2009