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The three subsequent rate cuts took place between November 1981 and July 1982, when the U.S. economy was in one of its worst postwar recessions.
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"With the housing market taking a continued hit in September, in-boxes also took an increased hit as spammers exploited the recent market slowdown and subsequent interest rate cut by the Federal Reserve," Symantec noted in its monthly State of Spam report (symantec.com).
Rate cuts soon followed.
More interest rate cuts follow.
Future rate cuts are also expected.
Historically, rate cuts have done just that.
Would rate cuts in 2001 help banks?
Do rate cuts matter?
Fed: Forget rate cuts.
European rate cuts.
"The rate cuts are encouraging.
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