With yesterday's 50 basis point interest rate cut, following last week's 75 point emergency reduction, we are certainly off to the monetary races.

在上周紧急降息75个基点之后，昨日美联储又降息50个基点。 这回轮到市场在这场货币纳斯卡赛车中落后了。

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The Fed began the current round of accommodation in September of 2007 with a 50 basis point reduction in the Fed funds rate.

FORBES: An Inflationary Death Spiral

Barclays Capital said Wednesday that it expects just a 25 basis point reduction in the main policy rate, known as the refinance, or refi rate, from the European Central Bank.

FORBES: Barclays Expects 25bp Rate Cut In Europe