Tuesday, March 18, 2008

Rate Cut

The Fed is cutting rates 75 basis points with more possibly to follow on Thursday.


archduke f. f. said...

So....who's looking forward to 0% interest rates? That'll totally push our economy to the EXTREME!!!

xtrachromosomeconservative said...

I really doubt that much will follow. Maybe 25 basis points. I think Bernanke along with other central bankers are wary of the Japanese experience.