Bernanke: lower interest rates are "feasible" (AP)
AP - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.
Publ.Date: Mon, 01 Dec 2008 19:51:18 GMT
Source: Yahoo.com
U.S. working on new lending programs: Paulson (Reuters)
Reuters - Treasury Secretary Henry Paulson said on Monday that more programs were being developed to stimulate lending but warned a severe financial crisis is stubbornly persisting.
Publ.Date: Mon, 01 Dec 2008 20:10:48 GMT
Source: Yahoo.com
States look for Obama to help in economic downturn (Reuters)
Reuters - State governors preparing to meet President-elect Barack Obama will ask for $136 billion in infrastructure funds to stimulate the economy immediately, Pennsylvania's governor said on Monday.
Publ.Date: Mon, 01 Dec 2008 19:55:42 GMT
Source: Yahoo.com
|