Dollar is Ravaged as Fed Goes to Zero Interest Rates

The dollar has been thrown to the wolves by the Federal Reserve’s decision Tuesday to slash its benchmark short-term interest rate to as low ... . The European Central Bank’s benchmark rate is at 2.5%. Canada’s is at 1.5%. Even Japan’s, at 0.3 ... research at GFT Forex in New York. OK. But a currency’s value also is supposed to be a function [more...]

Date: 2008-12-18 04:36:31

Blog posts (1) | Videos (1)
 

1 Results