Tuesday, February 5, 2008

What the Federal Reserve’s rate cuts mean for the US and the world

How the Fed just made this crisis a whole lot worse

The Fed's rate cuts and $156bn fiscal stimulus package may have reduced the risk of near-term economic downturn, but it has increased the scale of a long-term crisis...

Posted by mary @ 12:29 PM (493 views)
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One thought on “What the Federal Reserve’s rate cuts mean for the US and the world

  • waitingfor hpc says:

    but how long will the market let them stay down?? what about the Asian investors like China, I read that they are moving currency.

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