Tuesday, August 5, 2008
Blah! Blah! Blah!
No change expected in Fed interest rates
The Federal Reserve, caught between mounting job losses and rising inflation, is likely to sit tight and hope that the interest rate cuts it has already provided will be enough to heal a sick economy.
Posted by stevie dee @ 07:54 AM (470 views)
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Hermitage says:
Can anyone believe anything the Fed might say? I remember reading somewhere they said that the rates where going to be raised. If they had no intention of doing so, they shouldn’t have said so. They are making America look a joke and are seriously undermining their integrity.