Word: lowered
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Over the long term, however, such switching could hurt the profitability of the fund companies, since money-market and bond funds bring in lower sales commissions and management fees than stock funds do. Most fund managers hope that investors, after a period of cooling their nerves, will venture back into the stock funds. Says Edward McVey, senior vice president at Franklin Resources: "As soon as people got over the initial trauma of Black Monday, they were calling up to reverse their redemptions." Michael Lipper, president of Lipper Analytical Securities, is not quite so confident. "The panic is over," he says...
...rates. If Bonn were to follow up * on that step and reduce its prime interest rates, there would be less pressure on the dollar. Reason: the greenback has been declining because U.S. interest rates have lately been falling in comparison with those of West Germany and other countries. Moreover, lower interest rates could stimulate Germany's appetite for American products and thus help reduce the troublesome U.S. trade deficit...
...week, Stoltenberg told a West German newspaper, "We now want to cooperate again constructively." One eventual outcome could be a meeting among the finance ministers of the seven major industrial democracies, the so-called G-7 group, to work out a plan to support the dollar at its new, lower level. Indeed, right now the battered currency could use a little help from its friends...
...currency devaluation is textbook clear: if the dollar falls, the international prices of U.S. products drop, and foreigners will buy more of them. At the same time, foreign goods become more expensive in the U.S., and Americans will reduce demand for imports. A combination of the two trends will lower the trade deficit...
Despite the dangers of the neighborhood and the lack of affection between them, Sammy and Rosie live pleasant, lower middle-class lives until Sammy's estranged father, Rafi (Shashi Kapoor) arrives. Once a high-ranking Indian politico, Rafi moves into Sammy and Rosie's apartment with the intention of giving them their substantial inheritance so that they can move into a real house and bless him with grandchildren...