时间:2018-12-05 作者:英语课 分类:商业报道2006年


英语课


 


Stocks ended the day little changed after the Federal Reserve did, well, what it was expected to do. I'm Gerri Willis in New York for CNN. com.

The Fed, one last time under Alan Greenspan, raised its key short-term interest rate by a quarter point to 4. 5%. It signaled that further rate hikes could still happen, but it dropped a long-standing phrase about measured rate hikes, a hint that another increase is not guaranteed. The Fed has now raised rates 14 straight times since June of 2004.

At the close, the Dow Industrial's lost 35 points, the NASDAQ finished slightly lower.

So how do these rate hikes affect consumers?

Well, home equity 1 lines of credit are affected 2 most. They are generally tied to the prime rate which usually moves in locked step with the rates set by the Fed. When the Fed began raising rates 19 months ago, the average rate on the home equity line of credit was about four and two thirds percent, but today it's approaching 8%.

Here's what that means to your pocketbook. If you're taking out of $100, 000 home equity line of credit, it would cost you an extra $3, 280 in annual interest expenses than it would have before the Fed started its rate hike campaign. On the other hand, longer term hot rates like mortgages have been virtually immune to the rate hikes. The 30-year mortgage, for example, is actually slightly lower than it was 19 months ago when the Fed started raising rates.

Those who carry credit card balances could be in for higher payments. Rates on variable rate credit cards often rise and fall along with the prime rate. And for savers, higher rates can be good news. Many banks and credit unions have been sharing the Fed's rate increases with customers, especially on short-term CDs.

That's the latest in business news. I'm Gerri Willis in New York for CNN. com.



1 equity
n.公正,公平,(无固定利息的)股票
  • They shared the work of the house with equity.他们公平地分担家务。
  • To capture his equity,Murphy must either sell or refinance.要获得资产净值,墨菲必须出售或者重新融资。
2 affected
adj.不自然的,假装的
  • She showed an affected interest in our subject.她假装对我们的课题感到兴趣。
  • His manners are affected.他的态度不自然。
学英语单词
accommodating transaction
additional element
Adrianouplis
air-ground radiotelephone
appointment of trustee
atmospheric vacuum distillation process
Ban Nong Hang
bends over
beneficial power
boded
body mechanics
Bursa subcutanea infrapatellaris
camile
carboxyheptyl
cerebral pia mater
cermet for cargo gear
charcoal revivifyig plant
circuit length
coincidence tuning
confirmed leeter of credit
conspecificity
deactivation of molecule
dichroa febrifuga lour.
die for special purpose
dilly bags
dividend check
domination principle
dual well
electrocardiogram scale
exilest
filtration control agent
fire assaying
first-order design
floating ring transmission
flylan (vlieland )
forebay dam
funis presentation
galeopsis tetrahits
genus Hypsiglena
geodetic station
globoid indexing cam mechanism
growth motivation
Guiscriff
h-reg
heaven knows
homopetalous
homoscedastic arrays
hydraulic plucking
Hydroton
IAMAP
in mora
international case-law
invariant assignment optimization
Japanese crucian carp
Jizhong
juasani-do (chwasari-do)
kneebars
LL-37
Man-aung Kyun
mineral cycle
morando
murmelstein
npc
pace-egg
palatalisation
pancreatitic
Payne, L.
perjuration
phenoltetraiodophthalein sodium
phosphoglucosamine acetylase
photonovel
polymeric immunoglobulin receptor
product of uniform space
punching drilling
putritude
quantum orthogonal signal
quick return
Rashomon-style
recirculation heater
rotational spectra
sandblast
scoot about
selenium(vi) fluoride
sifters
simultaneous estimate
slip erosion
sludge conditioning
solution basin
star-map
stockard
syndrome with good prognosis
table of type
thermoelectric power system
track scale
transmission box
ultimate wilting point
ultraviolet ray microscope
use characteristics
vaguely remember
villainry
water entrained by steam
Zurich agreements