Fed lays the groundwork for rate cut in US and Australia Late Edition

The US Federal Reserve set the scene for US interest rate cuts next year when it implied it was shifting to an "easing bias" yesterday, triggering speculation that Australian rates will follow suit.

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Bibliographic Details
Published inSydney morning herald
Main Author Matt Wade, and Brian Hale in New York
Format Newspaper Article
LanguageEnglish
Published Sydney, N.S.W Fairfax Digital 21.12.2000
Online AccessGet full text

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Summary:The US Federal Reserve set the scene for US interest rate cuts next year when it implied it was shifting to an "easing bias" yesterday, triggering speculation that Australian rates will follow suit.
ISSN:0312-6315