ABC Evening News for Wednesday, Apr 18, 2001
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio: Peter Jennings) The Federal Reserve Board's lowering of the interest rate reported. Stock Market Report.
(Studio: Betsy Stark) The reaction to Federal Reserve Board chairman Alan Greenspan's surprise rate cut examined; details given from the Fed's press release about problems in the economy. [Economy.com Mark ZANDI - assesses the signal sent by the Fed.] [Diamond Casting and Machine Jerry LETENDRE - talks business.]
(Studio: Peter Jennings) Interview held with UBS PaineWebber floor manager Art Cashin about the Fed's move. [CASHIN - assesses the Fed's action; says we are leaning toward the view that the market has bottomed.]
(Studio: Peter Jennings) List of banks cutting their prime rate outlined on screen.
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.