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Yesterday, Fed policy makers cut that rate to 2.5percentt.
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Still, that price advantage gets squeezed as the L.C.D. makers cut the costs of producing larger panels.
On Sept. 7, a smaller chip maker, National Semiconductor, reported that sales growth had slowed as cellphone makers cut back orders.
Policy makers cut their forecasts for growth this year before a July 8 government report showed that employers added jobs in June at the slowest rate in nine months.
[Section A.] Microsoft in $23 Million Settlement Microsoft has agreed to pay $23.3 million to Be Inc. to settle an antitrust lawsuit that asserted that Microsoft had negotiated deals with computer makers that cut out Be Inc.'s competing operating system.
PAGE B4 Google Walks Away From Yahoo B1 Steel Maker Cutting Production B9 Smartphones That Save Money B8 HOME FOOD STORAGE The Old-Fashioned Way Some people see a basement and think, rec room and big-screen TV.
What matters is that Mr. Yu was drinking at the right bar on the right night and met a hobbyist luggage maker who cut the leather aprons that make the dining-room staff look like metalsmiths.
Global investors are souring on the dollar because interest rates here are lower than those abroad, he said, and the Fed statement is a signal that policy makers could cut interest rates in the future.
That means that Federal Reserve policy makers may cut interest rates more than expected when they meet on Aug. 21.
Some traders have increased bets that policy makers will cut the target rate.
The Bovespa gained 0.4 percent, lifted by bets that policy makers will cut borrowing costs after a central bank survey showed a lower growth forecast for Brazil, which is Latin America's biggest economy.
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