The step was seen as a signal by the central bank that it wanted lower interest rates to stop the economy from slipping back into recession.
The Federal Reserve Board provided a long-awaited signal that analysts said clearly showed it wanted short-term interest rates to decline.
A. I don't want interest rates to go sky high.
"Everybody wants lower interest rates," he said.
They want lower interest rates.
Some American banks did discuss the loans with Soviet officials, but the Americans wanted even higher interest rates than what the Europeans got, bank executives said.
The stimulus to economic activity is hard to measure, but it is all good - unless you are a retiree wanting higher interest rates on your savings.
The Confederation of British Industry wants lower interest rates.
"The main reason the Fed wants positive real short-term interest rates is to forestall any speculative inventory build up resulting from higher inflationary expectations."
Elected politicians want low interest rates and fast growth; central bankers are paid to guard against inflation.
