Originally published October 31, 2007 at 12:00 AM | Page modified October 31, 2007 at 2:01 AM
E-mail article
Print viewAnalysis
Trick or treat for Wall Street
Wall Street has experienced many scares lately, from a global credit crunch to big mortgage-related losses for top banks, so it's fitting...
PREV
Wall Street has experienced many scares lately, from a global credit crunch to big mortgage-related losses for top banks, so it's fitting the Federal Reserve's latest decision on interest rates comes on Halloween.
Many investors hope for a treat, in the form of another rate cut, rather than a trick.
The hope is a lower target for the benchmark federal funds rate would prompt banks to cut rates on mortgages — a boon to homeowners with adjustable rates due to reset — as well as credit cards.
A cut would also make it cheaper for corporations to borrow.
Copyright © 2007 The Seattle Times Company
E-mail article
Print view
Digg
Newsvine
Chase shrugs off loss of CD investors
Sunday Buzz: Expedia, Intelius, Classmates slapped by Senate report
Denny Triangle gains skyline, but tenants slow to come
UPDATE - 04:28 PM
Senate Democrats at odds over health care bill
Your Funds: Money for nothing: Some investors pay for advice they never get
LA Galaxy's David Beckham
Los Angeles Galaxy's David Beckham talks about the upcoming MLS Cup final during after a team practice.
Real Salt Lake's Kyle Beckerman
MLS trophy arrives in Seattle
Chittenden Locks Inspection
Interview with New Moon actors
Full interview with New Moon actors
Artistic Roller Skating
Girls Soccer: Mercer Island vs. Glacier Peak
Smash Putt! Miniature Golf
Opening day at Crystal Mountain
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
Open Houses | Find this weekend's open house listings.  Or search by location: |
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Craigslist adoption ad: A plea by young mother-to-be? A scam?
- Italian lead prosecutor argues Knox motive was hatred
- Italian prosecutors request life sentence for UW student
- Child-support error costs nearly $21,000
- Man shot in chest on E. Union Street in Capitol Hill
- Tugboat sinks on Seattle's waterfront
- Washington state wines make annual best-of list
- Mariners Blog | A Mariners-Tigers swap makes a whole lot of sense for both teams
- Lynnwood is reinventing itself — again
- Senate vote clears hurdle
234 - Tight Senate vote launches health care over hurdle 119
- Child-support error costs nearly $21,000 116
- Palin excitement builds in Tri-Cities 114
- Vikings easily beat the Seahawks 108
- Prosecutor requests life in prison for Amanda Knox 87
- Cutting through breast-cancer confusion 86
- Game thread 70
- New York terror trials will restore faith in rule of law 51
- Chase shrugs off loss of CD investors 45
- Washington state wines make annual best-of list
- Nonprofits get creative using Twitter and Facebook to make donation easier
- It's possible to recover a life lost to hoarding
- Lynnwood is reinventing itself — again
- Great places to cross-country ski for free (or almost) in the Methow
- Child-support error costs nearly $21,000
- 'The Road' takes Viggo Mortensen to Mount St. Helens and Astoria, Ore.
- Recipes: Sesame Pork Roast, Sour Cream Mashed Potatoes, Gingerbread with Lemon Sauce and more
- Banff: powder, peaks & purity
- 175 foster kids in Washington get 'forever families'
