71. A strong franc makes Swiss products more expensive abroad, making it tougher for businesses to compete and prompting calls for the Swiss National Bank to cut rates. 72. A stronger dollar would make it easier for the Fed to cut rates, and the string of interventions seems to signal a rebirth of economic coordination. 73. A stronger mark usually signals investment in short-term German securites, and also normally feeds hopes rates will be cut to tame the currency. 74. A stronger-than-expected retail sales report from the Confederation of British Industry did little to dent confidence that rates will be cut. 75. A. I still expect the Fed will cut rates in the next couple of days. 76. According to Sexton, pressure from employers has forced all health insurance companies to cut their rates. 77. Ablin said he expects the Fed to cut rates by half a percentage point in coming months to prevent a recession later this year. 78. Advertisers begin to choose the larger paper, and the smaller paper is forced to cut advertising rates. 79. After rallying briefly in January, when the Fed cut rates twice, stocks have sagged again on reports of sharply declining consumer confidence and job cuts. 80. All the central banks of the Group of Seven leading industrial powers have now cut rates in the last two days. |