Den amerikanska centralbanken Federal Reserve sänkte som väntat styrräntan med 0,5 procentenheter till 2,5 procent. Det är därmed nionde gången i år som chefen Alan Greenspan sänker räntan i försöket att skaka liv i den krassliga amerikanska ekonomin.
Läs fler nyheter i arkivet. Reaktionen på Feds räntesänkning visar hur okunniga många journalister är och att börskurserna på kort sikt främst styrs av känslor och spekulation.
Vi var inte oroade för en återkomst för inflationen men det måste du vara nu. Du måste vara mycket mer försiktig med att sänka räntorna som respons på kriser, sade han till tidningen.
Stiglitz Fritt fall Leopard förlag För även om den värsta bostads- och inredningshysterin kanske har lagt sig är det få saker som är hetare än just bostäder och inredning.
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Alan Greenspan sänkte räntan på onsdagkvällen med 50 punkter till 5,50 procent. Oro för nolltillväxt och recession är motivet till den drastiska sänkningen.
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