Fed cuts rate by .75, stock market down 351, January 22, 2008
The Fed has cut the discount rate by .75. The stock market is sharply down. This latest cut by Bernanke and the Fed brings the Federal Funds Rate to 3.50 percent. The reason for the cut was, according to the Fed, “in view of a weakening of the economic outlook and increasing downside risks to growth.”
[...] The Kombrink Team article is brought to you using rss feeds.Here is a great article on the latest real estate buying and selling news.The Fed has cut the discount rate by .75. The stock market is sharply down. This latest cut by Bernanke and the Fed brings the Federal Funds Rate to 3.50 percent. The reason for the cut was, according to the Fed, “in view of a weakening … [...]
Fed cuts rate by .75, stock market down 351, January 22, 2008 | ImmediateRealEstate.com
January 26, 2008