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In an unscheduled meeting on August 17 the Fed "temporarily" reduced the spread between the primary credit rate and the federal funds rate to 50 basis points from the 100-point spread established in January 2002. Official statement, 2007-08-07, Official statement, 2007-08-10, Official statement, 2007-08-17. August 7, 2007 5.25% 6.25% 10–0
The Motion Picture Association film rating system is used in the United States and its territories to rate a motion picture's suitability for certain audiences based on its content. The system and the ratings applied to individual motion pictures are the responsibility of the Motion Picture Association (MPA), previously known as the Motion ...
The Fed cut interest rates by 0.5% twice in October, followed by a 1% cut in December. The S&P 500 initially plunged, but bounced back beginning in March 2009. ^SPX Chart
It also elaborates on several statistics mentioned in the movie - from the $9 trillion federal debt to the $738.6 billion trade deficit to the fact that each citizen owes an average of $30,000. The book includes interviews with Warren Buffett , Alan Greenspan , Paul Volcker , Robert Rubin , Alice Rivlin , Pete Peterson , David Walker , Paul O ...
How will the rate cuts impact mortgage rates? Mortgage rates had surged alongside the Fed's hikes, with the 30-year fixed-rate loan topping 7% in 2023 as well as earlier this year.
How much will the Fed cut rates? The recent rate cut took the target range of the benchmark federal funds rate from 5.25% to 5.5% to 4.75% to 5.0%. (Note: The federal funds rate is always set to a ...
The year 2009 saw the release of many films. Seven made the top 50 list of highest-grossing films.Also in 2009, the Academy of Motion Picture Arts and Sciences announced that as of that year, their Best Picture category would consist of ten nominees, rather than five (the first time since the 1943 awards).
The 30-year fixed-rate mortgage has risen every week since the Fed cut interest rates on Sept. 18, jumping from 6.2 percent to 7 percent in the week that ended on Nov. 7, according to Bankrate data.