City registers US interest rates disappointment

The FTSE-100 Index has tumbled again as the City registered its disappointment with Alan Greenspan's decision to cut US interest rates by 0.5%.

City registers US interest rates disappointment
Wed, 21 Mar, 2001 - 19:10

The FTSE-100 Index has tumbled again as the City registered its disappointment with Alan Greenspan's decision to cut US interest rates by 0.5%.

At the close of trading the Footsie was off a sorry 106.1 points at 5540.7 - the lowest since the middle of December 1998.

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CourtsHeathrowPlace: USPerson: Alan GreenspanPerson: GreenspanOrganisation: CityOrganisation: FootsieOrganisation: US Federal ReserveOrganisation: Wall StreetOrganisation: VodafoneOrganisation: Colt TelecomOrganisation: Cable & WirelessOrganisation: EnergisOrganisation: MarconiOrganisation: CMGOrganisation: PsionOrganisation: Baltimore TechnologiesOrganisation: Redstone TelecomOrganisation: FibernetOrganisation: Atlantic Telecom
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