Wikinvest Wire

The race to zero

Thursday, December 18, 2008

From Global Crisis Resists Central-Bank Moves($) in today's WSJ. So far, we're winning...
IMAGE The Hong Kong Monetary Authority lowered its short-term lending rate from 1.5 percent to just 0.5 percent yesterday, joining the U.S., Switzerland, and Japan as the only major central banks with rates below one percent.


Anonymous said...

Japan just cut rates to 0.1 percent!!

Anonymous said...

America can not accept 2nd place, behind Japan's insane short term lending rates.

Let's go for 0.0%..
Who's with me?
(Chant) U-S-A.. U-S-A.. U-S-A.

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