Wednesday, October 31, 2007

Federal Reserve Lowers Again, another 25 basis pts

Shock me. With 3.9% GDP the Federal Reserve lowered rates another 25 basis points today. This can only point to a desire to try and hold off housing issues from taking the economy down. You can read the full article at :
http://money.aol.com/news/articles/_a/federal-reserve-text-on-interest-rates/20071031154109990001

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