JAPAN IS CUTTING INTEREST RATES TO ZERO: IS THE USA NEXT?
Posted by on Oct 5, 2010 in Interest Rates
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Today on October 5th, 2010, Japan made a surprise move and cuts it’s interest rate to almost zero. The interest rate will fluctuate between 0.00% and 0.1% until a time when the government thinks the economy is getting better and it won’t hurt to raise the rates back up. The Bank of Japan made the [...]
LOW INTEREST RATES SHOULD HELP FUEL THE STOCK MARKET
Posted by on Sep 27, 2010 in Money Market Rates
In this article Jim Cramer explains that he thinks there are fewer individual people willing to pick and invest in stocks today than there were several years ago. His hypothesis is that so many people have taken a beating in stocks that they are hesitant to come back. Today, he says, there are just less [...]
