After the Surprise Rate Cut: Are CEOs Happy Now?

Wednesday, 19 Sep 2007 | 3:22 PM ET

Chief executives were the among the loudest voices calling for the Federal Reserve to cut interest rates. Now, after the Fed's surprisingly sharp reduction in rates on Tuesday, CNBC asked several CEOs if they're happy.

Riding the Fed Funds Rally
The Fed move to cut interest rates triggered a global stocks rally that's still building today. David Doll, Kanaly Trust Company CEO, shares his insight with CNBC's Melissa Francis & Bob Pisani.

Riding the Fed Funds Rally

The Fed's actions on interest rates triggered a global stock rally that's still surging. David Doll, CEO at Kanaly Trust Company, shares his insight with CNBC's Melissa Francis and Bob Pisani.

Fed Cut: Are You Happy?
Insight on whether the Fed decision is good for homebuilders, with Ara Hovnanian, Hovnanian Enterprises president/CEO and CNBC's Joe Kernen
Hovnanian: It's A Start
Ara Hovnanian, president and CEO of homebuilder Hovnanian Enterprises, says the rate cuts "clearly help the psychology" of the U.S. economy -- but he says the Fed should do even more.
Bernanke Driving Car Sales?
A post rate pulse check, with Mike Jackson, AutoNation chairman/CEO and CNBC's Carl Quintanilla
AutoNation Revved
Mike Jackson, chairman and CEO of AutoNation, had warned "Squawk Box" viewers on Aug. 29 that a recession was looming. Today, he tells CNBC that the threat is gone, thanks to Fed Chairman Ben Bernanke's "absolute masterstroke."
Darden Beats the Street
Discussing the pulse of the American consumer, with Clarence Otis, Darden Restaurants CEO and CNBC's Carl Quintanilla

Darden Sees Hungrier Consumers

Clarence Otis, CEO of Darden Restaurants, praises a "data-driven" Fed, whose "wonderful" actions will embolden a "cautious consumer" to get out there and spend. With CNBC's Carl Quintanilla.

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