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View Full Version : Fed Cuts Key Rate by Half Point


Dan Blystone
01-30-2008, 01:22 PM
WASHINGTON (AP) -- The Federal Reserve on Wednesday cut a key interest rate for the second time in just over a week, reducing the federal funds rate by a half point. It signaled that further rate cuts were possible.

http://biz.yahoo.com/ap/080130/fed_interest_rates.html

Hobbs
01-30-2008, 01:25 PM
Uncle Ben is going to print dollars until we run out of trees! Make way for double digit inflation!

Bertie
01-30-2008, 01:35 PM
USD looking very fragile again......