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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.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
United States, Government domestic functions, Administration of General Economic Programs, Wage & Price Stabilization, Wage price policy

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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.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Management, European Central Bank

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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.

Author: McRae, Hamish
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Economic aspects

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Subjects list: Analysis, Column, Interest rates, United States economic conditions
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