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Fed holds interest rates steady, signals rate cuts of 0.5% later this year

时间:2010-12-5 17:23:32  作者:Trends   来源:Investing  查看:  评论:0
内容摘要:Of these, 44 were killings of people within the farming community and of those, eight were of farmers.

Of these, 44 were killings of people within the farming community and of those, eight were of farmers.

The incident, which left a further 11 people injured, took place at Dreierschützengasse secondary school in the north-west of the city.Six females and three males were killed in the attack, and a seventh female later died in hospital.

Fed holds interest rates steady, signals rate cuts of 0.5% later this year

A teacher and nine students aged between 14 and 17 were among the victims, police said. One of the victims was a Polish citizen, while the other nine were Austrian citizens.Three days of mourning were declared in Austria following the attack, and a nationwide minute's silence was held on Wednesday at 10:00 local time (08:00 GMT) in memory of the victims. The Austrian flag has been lowered to half-mast on all public buildings.After the minute's silence in Graz's main square, one woman, Tores, told BBC News that she knew one of the boys who had died. He was 17.

Fed holds interest rates steady, signals rate cuts of 0.5% later this year

"I've know this family for a long time, including the son of the family, and knew that he attended that school. I rang immediately, to ask if everything is OK. Then they let me know at midday, that the boy was one of those slaughtered," she said.Police said the suspect was born in Styria and lived with his single mother, who was also Austrian, in the Graz-Umgebung District.

Fed holds interest rates steady, signals rate cuts of 0.5% later this year

They added that his father, of Armenian origin, had not lived with them since his parents' separation.

Current information suggests the shooter legally owned the two guns used in the attack - a pistol and a shotgun - and had a firearms licence, police said.The news comes as Reeves announces the budgets for all UK government departments over the next few years.

Getting the review right is a tricky balancing act.Anyone can see ways that public funds could be used more efficiently or even cut. Everyone has their top priority for spending more.

So what happens if there's a root and branch review, with every spending line scrutinised, new priorities set and given more funds and others squeezed or cut?We should find out later. But it may not be as radical a review as sometimes presented as too much is already committed by

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