Fed Cut
Tuesday, December 11th, 2007Well, by now the 25 basis point rate cut is old news. It’s interesting to see the mixed reaction to the cut; some say it wasn’t enough and that The Street was expecting 50 points, others say that the Fed should quit trying to save the economy from recession and let the free market play out.
A few highlights:
This Fed continues to display their cluelessness. They will definitely have to cut more times, so just GET IT OVER WITH now. Silly Fed. -Jordan, In The Money
What is the right number for interest rates? 4%? 3%? 2%? No one knows for sure, and that’s the problem. Investors are …
Loading ...
