AmEriCA’s FEDErAl rEsErvE Cut intErEst rAtEs By AnothEr quArtEr-point, to 3.75%. wAll strEEt, whiCh hAD BEEn (1) For A sixth hAlF-point Cut, wAs DisAppointED、thEDow FEll By 2% (2) thE wEEk. thE pAst wEEk’s EConomiC stAtistiCs gAvE mixED signAls.Exports DroppED By 2% in Both mArCh AnDApril, lArgEly (3) A DEClinE in high-tECh invEstmEnt (4) ; thE mErChAnDisE-trADE (5) wiDEnED to $458 Billion in thE 12 months (6) April. (7) , thEConFErEnCEBoArD’s inDEx oF ConsumEr ConFiDEnCE wAs highEr thAn (8) in junE. ConCErns (9) inFlAtion in thE Euro ArEA (10) . prEliminAry DAtA (11) thAt gErmAn ConsumEr- priCE inFlAtion FEll to 3.1% in thE yEAr to junE, From 3.5% in mAy; wAgE growth (12) to 1.4% inApril, A rEAl pAy Cut oF 1.5%. somE EConomists FEAr thAt gErmAny is on thE (13) oF rECEssion. thE iFo inDEx oF BusinEss ConFiDEnCE DroppED morE (14) thAn ExpECtED in mAy, AnD thE institutE hAs Cut its ForECAst oF gDp (15) this yEAr to only 1.2%, wEll (16) thE gErmAn govErnmEnt’s ForECAst oF 2%. thE Euro ArEA’s CurrEnt-ACCount DEFiCit nArrowED to $30 Billion in thE 12 months toApril.BritAin’s DEFiCit in thE First quArtEr wAs its smAllEst (17) 1998, (18) rECorD invEstmEnt inComE. thErE wAs morE BAD nEws From jApAn, (19) rEtAil sAlEs in lArgE storEs FEll By 3.2% in mAy, thE 37th ConsECutivE monthly FAll. thE yEn FEll (20) thE DollAr, touChing Almost yEn 125 on onE point. A、owE to B.BECAusE oF C.on ACCount oF D.thAnks to