On October 2, 2001 the Greenspan Fed cut the funds rate 50 basis points to 2.5% and continued cutting the rate to 1.0% on June 25, 2003 on fears of Deflation.
Setting aside less money for credit losses and continued cost-cutting also helped its profitability.
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Lacking any plans to drive growth, in old or new markets, it was no surprise that lay-offs and draconian cost cutting continued.
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Future legislation is likely to force foreign firms to do more research and development in conjunction with Chinese partners, to ensure continued access to cutting-edge engineering skills.
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In addition to continued consolidation and cost-cutting, the airlines face new challenges to profitability in the second quarter, including government agencies and the businesses that work with them spending less on travel, due to federal budget sequestration.
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He expects that a new wave of management at HP, spearheaded in February by the naming of Mark Hurd as chief executive in place of the ousted Carly Fiorina, will provide the company with continued aggressive revenue growth and cost cutting initiatives to keep its recent roll going.
But Cook (17 not out) continued to look in superb touch, cutting Harris for six as England rounded off a fine day's work.
The Item Club report said that as the government continued with its "plan A" of cutting public spending to try to reduce the UK's public deficit, the economy was "muddling through".
Many store chains that enjoyed a second straight banner year of growth through their Web sites in 2006 appear ready to hit some headwinds this year, thanks to a lack of cutting-edge Internet marketing and continued difficulties integrating store and Web businesses, not to mention a sputtering economy that's got more consumers watching their wallets.
On May 5, Sierra Leone continued its Golden Jubilee celebrations with a ribbon-cutting event featuring President Ernest Bai Koroma.
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In one engagement, enemy fire shattered the canopy of his jet, cutting his face, and yet he continued to attack, the records show.
Sterling's rise from around DM2.30 in August 1996 to above DM3 early last year, and its continued strength since then, squeezed import prices, cutting the inflation rate directly, and slowed down the tradable sector of the economy.
In fact, the Chinese appear to be filling a funding hole created by the U.S., which under fiscal pressure has been cutting aid to Latin America, a trend that continued into the 2013 budget proposal.
Then, apparently not realizing the stock market collapse was an advance warning of a coming recession, the Fed continued raising interest rates until May, 2000, and did not begin cutting interest rates to prevent a recession until January, 2001.
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Cost-cutting alone is not a path to survival in the face of continued declines in print revenue and fierce competition in the digital world.
Then, apparently, not realizing the economy was also about to enter a recession, the Fed continued to raise interest rates until May, 2000, and did not begin cutting rates to try to prevent a recession until January 3, 2001.
The Premiership outfit continued to have the lion's share of the possession, but lost their cutting edge and had trouble creating clear-cut chances.
The way Jonathan Handel, an entertainment industry attorney with TroyGould in Los Angeles and a former associate counsel for the Writers Guild, sees it, the stakes are huge: "If the guild does not succeed in cutting an effective deal, it loses leverage, stature and will suffer continued erosion, " he says.
Mr Osborne has been accustomed to getting solid public support for his economic policies from the IMF, even when the UK economy continued to disappoint, and even when the IMF's broader economic research suggested that a slower approach to cutting the deficit in 2010 might have been less damaging to the recovery.
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