Fred Rate Cut

Essay specific features

 

Issue:

Business

 

Written by:

Linda L

 

Date added:

November 6, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 502

 

Was viewed:

6618 times

 

Rating of current essay:

 
Essay content:

Credit markets, though not as chaotic as in the late summer, are still fragile. And the outlook for the economy has darkened in recent weeks as the housing bust has deepened. The pace of home-building is plunging; big falls in applications for building permits suggest more declines ahead. House prices are falling too...
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House prices are falling too. The latest figures from the S&P/Case-Shiller index of 20 big cities suggest that the average house price in August was 4.4% below its level a year before. Consumers are feeling nervous. One widely watched index of consumer confidence fell for the third month in a row in October, to its lowest level in two years...
displayed 300 characters

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