Analysts say it will take more than rate cuts to revive the IPO market.
The Reagan boom was extended to 25 years with the help of other rate cuts.
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Such tax credits do not have the incentive effects of rate cuts explained above.
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Other governments face a tougher choice as inflows spark inflation that makes rate cuts riskier.
Most fundamentally, many insist that they do not understand how tax rate cuts promote economic growth.
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The strong showing came amid talk of interest rate cuts in the United States and Britain.
The government has also favored rate cuts, but the RBI hasn't always toed the line.
He was joined twice by Mr. Plosser, who objected to rate cuts at the time.
Interest rate futures have taken nearly three rate cuts (0.68%) out of their 2007 Fed expectations.
Analysts said the RBI's tone rules out sharp rate cuts in the next few months.
In other words, don't expect any more interest rate cuts for the time being.
Despite three baby-step interest rate cuts, the Federal Reserve is as deflationary as ever.
Mr. Obama said it was impossible to find enough deductions to offset the rate cuts.
Bond markets still don't have faith in Wall Street--a problem that rate cuts can't correct.
The dollar, meanwhile, advanced, a sign that investors do not expect further Fed rate cuts.
That can lead it to resist the interest-rate cuts which some are now urging on it.
This week's interest-rate cuts were sensible and even, in the case of Europe, overdue.
The Fed declined to cut interest rate cuts at its Aug. 7 policy meeting.
That might allow further interest-rate cuts, opening the prospect of more jobs for voters.
Nor were other indicators such as money-supply growth or wages pointing to rate cuts.
Rate cuts could potentially widen the current-account deficit by encouraging consumption and boosting demand for imported goods.
Do you think it's still possible to avoid one with rate cuts over the next few months?
Under a regimen of marginal rate cuts, the most remunerative thing to do is earn more income.
Reacting to market panic with panicky rate cuts is likely to make things worse rather than better.
But they are all having a hard time finding a way to pay for such rate cuts.
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For the time being, the signal is about the end of rate cuts rather than imminent rises.
As commodity prices fall and growth slows, inflation should fall and interest-rate cuts should follow next year.
But the sheer scale of rate cuts over the past three months is helping many indebted households.
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