Archive for the 'Gross Domestic Product' Category (Chronologically Listed)

Federal Reserve Expected to Cut Rates .5 Percent Today

At 2:15 PM today the Federal Reserve is expected to drop rates by a half of a point as part of an ongoing effort to combat the effects of the housing slump and credit crunch on the economy.

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Posted by Ryan Fiore on Jan 30 2008 under Ben Bernanke, Federal Reserve, Gross Domestic Product, Housing Market, Mortgage Rates





Economic Growth Drops to Five Year Low

The gross domestic product, which measures total goods and services output within US borders, hit a weaker than expected five year low of .6% in the fourth quarter of 2007.

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Posted by Ryan Fiore on Jan 30 2008 under Ben Bernanke, Federal Reserve, Gross Domestic Product, Housing Market