Interest rates are a powerful weapon. But what is their ultimate impact?
Article Abstract:
Issues concerning the cut in US interest rates are discussed. Questions are raised about whether the manipulation of interest rates will be effective.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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ECB finds itself in a no-win situation on rates
Article Abstract:
The problems hampering the European Central Bank's ability to reduce interest rates are considered. These problems include European inflation and the fact that different parts of the eurozone have different requirements.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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Cutting interest rates is fine, but it won't stave off a recession
Article Abstract:
Cutting interest rates is not likely to prevent a recession developing in the US. The drive for efficiency will deepen the recession, but will also form the basis for a revival.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
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