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Updated almost 16 years ago, 01/27/2009

Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
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Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
Connect
Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
Votes |
1,821
Posts
Real Estate News & Current Events

Fed Cuts Rate to 0-.25%

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

The rate cut was no surprise. However, instead of cutting to a specific rate they have established a range of 0% to 0.25% for the Fed Funds rate. The Fed is running out of ammunition.
http://finance.yahoo.com/news/Fed-cuts-target-for-key-rate-apf-13846723.html

:cool:

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