Oh well
zero percent interest rates here we come.
but its definitely not like japan.
yeh rightooooooooooooooooo.
Federal Reserve officials are weighing further interest-rate cuts, even if Congress passes a $700 billion rescue plan, in the face of a deteriorating economic outlook and severely strained financial conditions.
The Fed's willingness to consider additional cuts marks a turnaround from the past few months, when soaring food and energy prices turned its attention to inflation risks. At a regular September meeting, after oil prices had receded, officials still declined to move the central bank's federal-funds target rate from 2%.
A reduction in rates is still far from certain, in part because of inflation worries. But in just the past ...
http://online.wsj.com/article/SB122291648288897291.html
zero percent interest rates here we come.
but its definitely not like japan.
yeh rightooooooooooooooooo.
Federal Reserve officials are weighing further interest-rate cuts, even if Congress passes a $700 billion rescue plan, in the face of a deteriorating economic outlook and severely strained financial conditions.
The Fed's willingness to consider additional cuts marks a turnaround from the past few months, when soaring food and energy prices turned its attention to inflation risks. At a regular September meeting, after oil prices had receded, officials still declined to move the central bank's federal-funds target rate from 2%.
A reduction in rates is still far from certain, in part because of inflation worries. But in just the past ...
http://online.wsj.com/article/SB122291648288897291.html