Headline: Federal Reserve Cuts Rates 50 basis points and more |
October 30th, 2008 3:43 am
Tagged with: business, charlies angels, economy, fdic, fed, fed meeting, ferrari, goldman sachs, japan, mt everest
The Fed lowered its' overnight lending rate to 1.00% and the discount rate to 1.25%. Along with this was the statement that downside risk to the economy remains that would seem to leave open the window for further rate cuts. We are chasing Japan which is
