Should the Fed cut interest rates?
On Tuesday, December 11th, the Fed will convene its Open Market Committee and decide whether or not to cut the US Federal Funds and/or Discount rate another time. Purportedly, any affirmative decision will be to thwart Recession and help mitigate the Sub-prime mortgage crisis.
The Recession question is directly related to interest rates–inject liquidity to stimulate […]
November 30, 2007 - Politics - 2 Comments
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