Economy of USA
The Federal Reserve cuts interest rates to help prevent a recession
Economy of USA
United States of America · Government / Republican Party Government. Chronological records from PostgreSQL.
Economy of USA — page 2 of 2
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2001–2008years on this page
2001
2007
Economy of USA
President Bush says the $2.9 trillion budget will eliminate the federal deficit by 2012 without increasing taxes
2008
Economy of USA
Bush proposes a $145 billion stimulus package, responding to a crisis in the housing market and rising oil prices, president says a combination of tax cuts for individuals and businesses will "provide a shot in the arm" to the economy
Economy of USA
Responding to fears that the US is headed for an imminent recession, stock markets fall drastically in Frankfurt, Mumbai, Hong Kong, Paris, London, and other major cities in Europe and Asia
Economy of USA
In response to the plunge in markets around the world, the Federal Reserve bank cuts interest rates by .75%, the largest single-day reduction in the bank's history
Economy of USA
The Bush administration hands out a $146 billion stimulus package that gives rebates of $300-$600 for individuals earning up to $75,000 and to couples with incomes up to $150,000
Provenance and editorial notes
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