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
abbreviated argument
ability to harden
absorbed manufacturing expense
acid-fast nonphotochromogen
aerial transparency
an Antarctic expedition
Anamniota
aposteme
as-yet-unknowns
badly-designeds
badmouthed
ball socket adjuster
bopeep
C.I.G.S.
cheer
chlodwig
christmas pyramid
chromidium
cobblestone
compound tide
concurrently-shared resource
crushed zone
culpable homicide
cyclophorus formosaensis
daily traffic flow
dame barbara hepworths
desulfurases
developpes
Diemel
EABV
fiducial point
financial-service
fishing basket
floribundas
fourty equivalent unit
front vertex focal distance
fuel lifetime
General Foods Co.
genus cronartiums
global schema
gnawing at
golden clematiss
gotten cracking
grave's
half duty
hannemann
hide sorter
high volume account
homeappliance
homoveratric acid
humanas
husbands
hypabyssally
i-swowen
immunological unresponsiveness
index servo
integrative
inter-bourse
interabangs
joint cummulative distribution function
knob gobblers
Kyamepromazine
land use capability survey
Lutefium
marchia barclayana
mathematical modeling
metromalacia
mishent
movement picture
orthogonality conditions
painted sandgrouse
pallidoidosis
pandurata
pharmacons
pomatuming
profit ratio of paid-in capital
pseudomones sp.
pulsus
QBE
recovered solvent
roller comnveyor
rotation of the Earth
scolopendrium
side-draw
silvertipped
songfully
spallanzani
Still water runs deep
supported type abutment
sync non-linearity
thiomerin
Tukulan
two-liter
undefined
unexpended ammunition
Unified Threat Management
vacuum tube modulator
ventriculus mesencephalicus
waterslides
whatsernames
whrinny
Yalutsangpu River