Russia's central bank made a drastic interest rate move overnight, raising its key rate from 10.5% to 17%.
Wall Street traders and investment bankers are counting on drastic rate cuts to help make stock prices rise, says Albert M. Wojnilower, a consultant to Craig Drill Capital, a hedge fund.
They also said they would try to avert some of the drastic rate increases Florida homeowners have seen because of hurricanes.
The railways exploited the difficulties of the canals by drastic rate cutting that forced many canal companies to sell out to them.
Mr. Greenspan, in his last act as Fed chairman on Tuesday, came close to wrapping up his final major policy challenge: gradually reversing the drastic rate reductions that he had used to fight the recession of 2001 as well as the fallout from terrorist attacks and corporate scandals.
Though Trichet suggested at Davos that the bank was willing to bring in drastic rate cuts, he strongly hinted that they wouldnt happen until March.
Even though there are signals that the job market deterioration is slowing Novembers nonfarm payrolls figure was far better than anticipated and temporary hiring seems to be stirring a hiring pickup is sure to be far more protracted and drawn-out than the drastic rate at which jobs were cut.
The right-wing propaganda organization Americans For Prosperity, funded by the Koch brothers, have supported this effort by running television ads threatening utilities customers with drastic rate increases.
While susceptibility to HZ increases with advancing age, the rate of incidence significantly increases among patients aged >50 years, with a drastic rise in the rate thereafter [ 2, 6].
Child welfare officials said it was hard to say whether the statistics reflected a drastic rise in the rate of abuse in the homes because it had not kept consistent records for different years.
