17 August 2007

THIS JUST IN... Everybody be cool, the Feds here

Declaring that increased economic uncertainty poses risks for U.S. business growth, The Federal Reserve just announced that it has approved a half-percentage point cut in its discount rate on loans to banks. (5.75%)

Read here... Fed Cutting Discount Rate Half-Percentage Point

And here... Fed Cuts Discount Rate

Meanwhile, Slate has posted another great article; "How Do You Inject Money Into the Economy?"

1 comment:

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