Interest Rates


  • Rate Cut Doesn't Give Stock Market Much of a Boost Wednesday, 29 Oct 2008 | 4:05 PM ET
    Traders at the NY Stock Exchange

    The stock market collected on its rate-cut IOU today from the Fed, but it didn't end up changing the mood on Wall Street.

  • Stop Trading!: Europe, Please Stand Up Wednesday, 29 Oct 2008 | 3:26 PM ET

    Investors could lose any gains seen in Tuesday's 889-point Dow rally if the ECB doesn't follow the Fed's lead.

  • Stocks Pull Back After Fed Cuts Rates Wednesday, 29 Oct 2008 | 2:43 PM ET

    Stocks pared gains Wednesday after the Federal Reserve opted to cut a key interest rate by half a percentage point.

  • Fed Rate Cut Fails to Deliver Much Impact on Stocks Wednesday, 29 Oct 2008 | 2:25 PM ET
    Traders at the NY Stock Exchange

    Wall Street is waiting to collect on a rate-cut IOU today from the Federal Reserve, but the central bank's move is unlikely to cause a major shift in the markets.

  • Text: FOMC Statement Wednesday, 29 Oct 2008 | 2:19 PM ET
    The Federal Reserve headquarters in Washington, DC.

    Below is the statement released by the Federal Open Market Committee after its Oct. 28-29 meeting on interest rate policy:

  • Do We Need a Rate Cut? Former Fed Officials Weigh In Wednesday, 29 Oct 2008 | 11:33 AM ET

    The Federal Reserve will unveil its decision on interest rates Wednesday afternoon, and a cut is widely expected by investors. CNBC asked former Federal Reserve officials to weigh in on the upcoming decision.

  • Stocks Wobble as Market Waits on Fed Wednesday, 29 Oct 2008 | 11:30 AM ET

    Stocks turned mixed Wednesday as the market waits for the Federal Reserve's decision on interest rates.

  • Wake Up America—Home Prices ARE Falling Wednesday, 29 Oct 2008 | 11:25 AM ET
    Reduced Price

    Who’s most deluded? Many of you folks in the Northeast. Apparently about 55 percent of you think your home would sell for the same or more than it would a year ago. Zillow says 71 percent of homes in the Northeast have lost value.

  • Crescenzi: Three Reasons Fed Rate Still Matters Wednesday, 29 Oct 2008 | 10:50 AM ET
    Tony Crescenzi

    The real story regarding the Federal Reserve is its various liquidity operations; the federal funds rate is second fiddle. The federal funds rate nonetheless remains a powerful tool and it would be a mistake to dismiss its importance for two reasons.

  • Stocks Open Lower as Market Waits on Fed Wednesday, 29 Oct 2008 | 10:18 AM ET

    Stocks opened lower Wednesday as the market waited for the Federal Reserve's decision on interest rates.

  • Futures Slide as Durables Pop Fizzles Wednesday, 29 Oct 2008 | 8:47 AM ET

    Futures tilted lower Wednesday, after a fleeting boost from an unexpected jump in durable-goods orders, as the market waited for the Federal Reserve's decision on interest rates.

  • Web Extra: Fast & Furious Trades For Wednesday Tuesday, 28 Oct 2008 | 6:48 PM ET

    In this Web Extra the traders reveal how they're playing the Fed meeting, Procter & Gamble, Kellogg, and more.

  • Rate Cut Hopes Tuesday, 28 Oct 2008 | 6:21 PM ET

    Traders believe it’s all but certain the Fed will cut rates for the second time this month. The big question is, just how low will the Fed go?

  • Stocks Jump 11% Amid Bargain-Hunting Spree Tuesday, 28 Oct 2008 | 5:18 PM ET
    Dow Jones Index Chart

    Wall Street went on a bargain-hunting bonanza, with a frenzy of activity in the final hour of trading, sending shares up 10 percent.

  • Dow Surges Nearly 700 Points In Late Rally Tuesday, 28 Oct 2008 | 3:47 PM ET

    Investors went on a late-day buying spree, scooping up shares of beaten down stocks and sending the major indexes soaring 7-8 percent.

  • Stop Trading!: Extending This Rally Tuesday, 28 Oct 2008 | 3:40 PM ET

    What will it take? Plus, Cramer makes the call on Raymond James, Stifel, Wells Fargo, NYSE Euronext and more.

  • Home Vacancy Rates Rise Tuesday, 28 Oct 2008 | 2:33 PM ET
    Foreclosed Home

    A little known quarterly report from the Census bureau came out today.  It measures the homeowner vacancy rate in this country, which you would think might have skyrocketed in the last year given all the talk of foreclosures.  Well it’s up, but not by all that much, so I called over to the Census to find out what gives.

  • Stocks Zig-Zag as Confidence Plunges Tuesday, 28 Oct 2008 | 12:57 PM ET

    Volatility reigned again on Wall Street Tuesday as jittery investors had a hard time committing to the morning's early rally -- or to the subsequent paring of gains.

  • Stocks Pare Gains as Confidence Plunges Tuesday, 28 Oct 2008 | 10:10 AM ET

    Stocks opened higher Tuesday after Monday's late selloff as international markets bounced back amid expectations of a U.S. rate cut.

  • Futures Take Strength from Global Gains Tuesday, 28 Oct 2008 | 8:15 AM ET

    Stock index futures pointed to a substantial gain at the open Tuesday, following Monday's late selloff, as international markets rebounded and investors pondered the effect of an upcoming expected interest-rate cut.