单词:reserve sector
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The Federal Reserve, the U.S. central bank, on Wednesday cut short-term interest rates in an effort to boost the slowing economy. VOA's Barry Wood reports it was the eighth cut in the overnight federal funds rate in the past year. United States Fede
By Michael Bowman Washington 28 March 2007 The United States' top monetary official says the country's economy continues to grow and create jobs, but is hindered by several factors, including negative developments in the housing industry. VOA's Micha
LOS ANGELES, Jan. 10 (Xinhua) -- One week after taking office, California Governor Jerry Brown announced a balanced state budget on Monday which slashes state spending by 12.5 billion U.S. dollars. The budget also includes an eight to 10 percent cut
Rescue and recovery operations are still underway after the crash of a passenger plane in Taipei yesterday. So far, 31 people are confirmed dead, while 12 others remain missing, after a TransAsia flight crashed into the Keelung River shortly after ta
By Barry Wood Washington 02 April 2008 The head of the U.S. central bank, Ben Bernanke, told a congressional committee the U.S. economy could face a mild recession, but it should recover later this year. VOA's Barry Wood reports. Federal Reserve Chai
The Reserve Bank has made it clear that interests rate will stay on hold for some time, despite a record growth in house prices and the re-surge in dollar. Economist Soul Eslake explains. It's really only the housing sector that's showing any particu