Word: feds
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Dates: during 2000-2009
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...Fed nudged up its benchmark short-term Fed funds rate last week to 1.25%, from 1%. By itself that move will have little impact on housing. Yet the Fed is widely expected to push the rate to 2% by year's end and 3.5% by the end of 2005. The typical mortgage rate will surge to 7.5% from about 6% today, says Douglas Duncan, chief economist at the Mortgage Bankers Association. In that environment, says Duncan, home sales will fall 10% and mortgage activity, including refinancings, will fall more than half, to $1.75 trillion of new loans in 2005. Nonetheless...
Some consumers, concerned about the hormones and antibiotics used in modern factory-farmed cattle--and worried that their burgers might turn them into vegetables--are turning to old-fashioned heritage beef. Taken from heirloom breeds of cattle--such as Galloway, Hereford, Devon and Highlander--that are grass-fed and raised on small family farms using traditional methods, the meat is free of hormones and chemical pesticides and tends to be healthier than cuts taken from corn-fed cattle. (Grass-finished beef is usually lower in fat and calories and higher in vitamin E and heart-healthy omega-3 fatty acids...
...A.V.A.'s alliance with pet food manufacturers that's stopping it from coming clean. Blackman dismisses this as "nonsense": only 0.4% of the A.V.A.'s annual income comes from manufacturers, he says, "and it's certainly not a driver of the recommendations we make about diet." Animals fed a pure Lonsdale diet, he adds, risk missing out on key nutrients and becoming constipated...
...adds that Mohamed Ismael, a Libyan in Saudi custody as a suspect in the alleged plot against Abdullah, was merely financing Saudi reformers. The source says the accusations are part of a Saudi smear campaign against Saudi dissidents. For their part, fumes a well-placed Saudi source, "we are fed up with these people. It is better for us to be rid of this regime." Whatever the truth of the allegations against Gaddafi, the feeling seems to be mutual...
...fed up with the idea that Europe is indebted to the Americans because they saved us in 1944. The U.S. had a choice: a Nazi Europe, a Stalinist Europe or entering World War II. Neither Nazism nor Stalinism was in the U.S.'s best interest, so it entered the war. Europeans may be indebted to those G.I.s who fought here 60 years ago but certainly not to the Bush Administration. PASCAL DURUISSEAU Nivelles, Belgium...