Over the last two days, the monetary authority has slashed rates 1.5 percent.
So it is unlikely that, having slashed rates from September through April in an attempt to cushion the economy from the recessionary impact of the subprime credit crisis, the Fed will do anything in the near future.
The Federal Reserve slashed interest rates this week, and that made Wall Street happy.
Further, in response to the recession, the Federal Reserve has slashed interest rates to near 0%.
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The Government could easily have slashed tax rates on firms and individuals while maintaining existing spending.
In addition to this, they slashed interest rates to near zero or record lows.
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The Federal Reserve has slashed interest rates, pumped liquidity into markets and spun a new safety net for investment banks.
The central bank has slashed interest rates as inflation has fallen, to 2%, but real interest rates are still quite high.
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Mrs (now Lady) Thatcher and Reagan slashed top rates and eliminated many deductions, creating tax codes with lower marginal rates on a much broader tax base.
The last time the Federal Reserve slashed interest rates to shore up the economy, between 2001 and 2003, it sowed the seeds of today's housing mess.
For months, government officials have warned investors that the economy is headed for a harsh first half of 2008 as the Federal Reserve has slashed interest rates to encourage economic growth.
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The Fed has slashed interest rates, promised more cuts if the economy stays weak and perhaps most important sharply reduced the odds of financial-market catastrophe by extending its safety net to investment banks.
Alexandre Tombini, the affable central banker from Brazil, tried to brush off long-term concerns when I asked if the president's economic team was behind the curve when it repeatedly slashed interest rates to combat a slow-down.
While salaries have been cut for many workers, pensions and benefits have been slashed and unemployment rates have soared.
Ronald Reagan, for instance, slashed income tax rates 25% from top to bottom.
The leaders of the euro zone had extended the maturities and slashed the interest rates on rescue loans, helping the three bailed-out countries.
The Federal Reserve is in a position to know things about the American economy that other people don't -- and, in a worrisome sign, it slashed American interest rates by more than investors had expected on Tuesday in an effort to reignite growth.
Since September, the central bank has slashed short-term rates by 2.25%, 1.25% in the last month alone.
Income tax rates were slashed again in 1986--the highest bracket was only 28%.
If Obama had just slashed taxes and tax rates without any appreciable increase in government expenditures, the GDP would have risen amid a slight increase in debt levels: a far better return.
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They have stayed strong since Russia's default, allowing interest rates to be slashed this year.
Today -- as websites have multiplied exponentially -- that ratio is a fraction of what it was, while clicks-per-thousand ad rates have been slashed.
By January 2009, the gap widened, even though China had lowered rates to 5.5 percent, because U.S. rates had been slashed to near zero.
The Fed has already slashed short-term interest rates by 1.25 percentage points in the past two months, in part to counter the credit turmoil.
Mr. Carter was trounced in his 1980 re-election bid by free-marketer Ronald Reagan, who slashed marginal income-tax rates and regulations and lowered trade barriers.
Following two days of sell-offs in stock markets across the globe--and a week ahead of its Federal Open Market Committee meeting (when the rate cut was expected)-- the Fed slashed short-term interest rates by three-quarters of a percentage point, its single most dramatic rate reduction since 1984.
The Reserve Bank of Australia (RBA) was among the first rich-world central banks to start raising interest rates after virtually all countries had slashed them during the crisis.
Tax rates jump automatically and spending gets slashed.
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President Bush cut the Clinton era tax rates as well, with the bottom rate slashed by a third to 10%, and the top rate cut to 35%.
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