Watchlist Sponsored By :
- Stocks May Rise Further after Fed Waves on 'Risk Trade'
- Obama in China Grapples with Economic Strains
- Buffett's Berkshire Hathaway Boosts Stake in Wal-Mart
- Microsoft Co-founder Allen Diagnosed with Cancer
- Time Warner to Spin Off AOL on December 9
- Gates Boosts Waste Management, Coca Cola Stakes
- What's Kept Stock Rally Going? Fear, Not Confidence
- US Cities With Most Underwater Mortgages
- Citi Shares, A Strange Indicator Of Unemployment?
- Answers to Your Questions: A Path to Economic Disaster?
- 5 Ways to Play the Chinese Markets: Analyst
- Meredith Whitney: Turns Bearish
- 3 Stock Plays on Rising College Costs
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Nov. 16: Unusual Volume Leaders
- Getting to the Heart of the Merck-Abbott Embargo Break
- What MGM's Sale Could Say About Value of Content
- My Ratings on Lowe's & Home Depot: Analyst
MOST SHARED
- Stocks Overvalued, Recession Will Return: Meredith Whitney
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- BofA Ex-Counsel: I Was 'Stunned' When I Got Fired
- U.S. May Wind Up Green With Envy
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Solar Emerges From A Dark Period
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- Paulson Betting Unemployment Not Getting Much Worse?
- Gold Is in a 'Bubble' And Will Keep Going Higher: Gartman
- Oil Tomorrow
powered by digg
After the Surprise Rate Cut: Are CEOs Happy Now?
Topics:Interest Rates | Inflation | Ben Bernanke | Employment | Consumers | Federal Reserve | Federal Budget (U.S.) | Economy (Global) | Economy (U.S.)
Text Size 
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'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.
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.
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 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.
© 2009 CNBC.com
Print
Email
- Where, what, how.
- CNBC's Jim Goldman asks: Has the sun begun to set on Twitter? Data suggests its best days are over.
- Everyone wanted a piece of Madoff's "Bullship"--the famous buoy sold for $7,500 at auction. You won't believe these prices.
- De Loach Vineyards is selling its pinot noir the old fashioned way, helping to cut energy and transportation costs.
- Why are the Chinese concerned about the progress of U.S. health care legislation?
- CNBC's Maria Bartiromo talks to rapper Snoop Dogg about brand identity in both business and music.
MORE FROM CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes