Tag archive for ‘Percentage Point’
Polling “bounce” from the RNC Convention?
After a brief breach of the 50% marker according to Gallup, both Rasmussen Reports and the Gallup Daily Tracking now show McCain/Palin in a close race with Obama/Biden, following Sen. McCain’s acceptance speech at the RNC Convention in St. Paul, Minnesota. Is this a “bounce” out of the RNC Convention? Probably not.
On Tuesday of this [...]
Inventories and War Spending Keep Economy Growing in First Quarter
Washington, D.C. (Center for Economic and Policy Research) by Dean Baker: GDP eked out a 0.6 percent gain for the second consecutive quarter as a jump in inventories and defense spending kept GDP in positive territory. Sales of final goods actually fell by 0.2 percent in the quarter, only the second decline since the last [...]
Fed Cuts Rates by 3/4 Percentage Point
The Fed dropped the Fed funds rate to 2.25 instead of 2.0 - as had been rumored this AM.
Wall Street rallied at the end - closing up significantly from Monday - 420 pts.
While its too early to tell - by my guess, the Fed has committed in lending now approximately 60% of its available resources [...]
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