Sentences with phrase «slashed rates after»
The Bank of England slashed rates after the Brexit vote in a preemptive strike to calm the markets.
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Meanwhile the utilities sector fell 1.37 percent, with United Utilities Group tumbling over 4 percent, after HSBC slashed its target price and rating on the stock.
After Japan slashed its rates on Jan. 29, the Nikkei 225 dropped 6 %.
Mr. Bernanke thus rejected over three hundred years of economic orthodoxy in testifying recently that the Fed was blameless in fueling the real estate bubble by slashing interest rates after 2001.
The catalyst was a warm and fuzzy feeling flowing from China after the central bank slashed interest rates in an effort to help stem the tide of selling.
The report saw investors slash expectations for a rate hike from the Bank of England at its upcoming meeting next week after overall economic growth slowed to near stagnation in the first quarter.
Five years after an epic spree of reckless mortgage lending in the U.S. sank the global financial system, U.S. banks are healing relatively well, thanks to aggressive rate slashing and money printing early on by U.S. central bankers.
After you've settled on a withdrawal rate you're comfortable with, the idea is to make gradual adjustments rather than having to slash your spending because your nest egg's value has declined precipitously or ramp up withdrawals because your savings balance has ballooned.
After Japan slashed its rates on Jan. 29, the Nikkei 225 dropped 6 %.