41. Economists and investors said the Bundesbank kept rate cut speculation alive by leaving room for its key money market rate, the securities repurchase rate, to fall. 42. Even now, at prices far below market rates, the public can get auto body or mechanical work done on cars at the school. 43. Expectations the Bundesbank will cut a key money market rate tomorrow grew after its chief economist, Otmar Issing, hinted at the possibility a week ago. 44. Five lots will be sold at market rate. 45. Floors are contracts sold by Wall Street firms that guarantee payment of a certain interest rate, even if market rates fall below that level. 46. For starters, it forced utilities to buy power at market rates while capping what they could charge their retail customers. 47. Floating-rate bonds have coupons that adjust with rises or declines in market rates. 48. German market rates would surely rise if the repo rate were to vary, the newspaper said, quoting analysts. 49. German stocks were mixed after the Bundesbank reduced a key money market rate, raising hopes for an official rate cut. 50. Greenspan and other Fed officials had been banking on signs of slower growth to show up by now because of earlier increases in market rates. |