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London, Wednesday, March 19, 2008 ARANCA News Report (www.aranca.com) :The US Federal Reserve cut interest rates to their lowest level in three years yesterday in a bid to kick-start the ailing economy. Fed chief Ben Bernanke chopped the key base rate by 0.75 per cent to bring it to 2.25 per cent. The central bank’s [...]
London, Friday, March 14, 2008 ARANCA News Report (www.aranca.com) 
rices for commodities hit record levels yesterday driven by an increasingly weakening dollar. Gold prices broke the $1,000 barrier for the first time ever as investors sought the security of the metal against the falling value of the dollar, amid widespread expectation that the US Federal [...]
London, Wednesday, March 12, 2008 ARANCA News Report (www.aranca.com) : Central banks have announced plans to inject further funds into the financial systems to head off a potential recession. The US Federal Reserve is to lend up to $100 billion of Treasury notes to financial institutions, following similar a similar move in December. Meanwhile, the [...]
London, Thursday, March 06, 2008 ARANCA News Report (www.aranca.com) :A new report from the US Federal Reserve is further gloomy reading on the US economy which it says has seen a slowdown across all regions since January. The Reserve’s ‘Beige Book’ report said housing, manufacturing and retail activity have all declined in the last couple [...]
London, Wednesday, January 23, 2008 ARANCA News Report (www.aranca.com) :Metals such as copper have fallen this week despite the emergency interest rate cut introduced by the US Federal Reserve. “I think the emergency cut has caused even more concern that the US is headed for a recession, which is not good for metals demand,” Wang [...]
