21. And last week, the central bank not only declined to cut rates but strongly suggested that it would not do so any time soon. 22. And the Fed is using interest rate cuts to push down the dollar against the European currencies, thereby forcing the Europeans to cut their rates. 23. Any interest rate cuts would likely be small, as the Fed has already cut rates six times this year. 24. Another said her hourly rate had been cut. 25. Another top priority -- making sure that teen smoking rates are cut sharply. 26. Anticipation that the German Bundesbank will cut rates when its policy-making central council meets for the last time this year on Thursday was the main impetus. 27. Any decision by the Bundesbank to cut rates will depend to a large extent on whether it sees inflation gathering speed. 28. As a result they often cut rates for specific companies or whole industries. 29. As a result, Levy said, the Fed will eventually have to cut rates if it does not want the economy to continue decelerating. |