21. No one doubts that the Fed will reduce its benchmark rate. 22. Next Tuesday Federal Reserve policy makers meet to consider changing benchmark borrowing rates. 23. On Monday, the Federal Reserve, the European Central Bank and other banks reduced their benchmark rates by a half a point. 24. On Tuesday, the Federal Reserve Open Market Committee meets to decide whether to raise benchmark Llending rates among banks for the second time this year. 25. Signs that the economy is growing too fast might prompt the Federal Reserve to raise benchmark borrowing rates. 26. State Bank sets benchmark rates in India, where the central bank signals changes in credit policy using the reserve ratio and bill auctions rather than an interest rate. 27. The bank first raised its benchmark rate in June to make the weak dollar more appealing to investors. 28. The Bank of Canada has raised its benchmark rate three times this year, most recently two weeks ago in defense of the Canadian dollar. 29. The Bank of Spain had already lowered the benchmark rate four times this year. 30. The bank-guaranteed three-year corporate bond yield is viewed as the benchmark rate. |