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Fed Cuts Again Subscribe to Fed Cuts Again 6 posts by 6 users

Richard W.

Real Estate Investor
Las Vegas, NV
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1165 posts

Fed cuts rates by another 1/2 point.

http://biz.yahoo.com/ap/080130/fed_interest_rates.html

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David A.


Raleigh, NC
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91 posts

I guess I was wrong

I didn't think they'd cut rates more than 1/4

Joshua D.

BiggerPockets Founder
Denver, Colorado
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5481 posts

I was guessing 1/4 also. Richard, I think you guessed it in another thread! We're not worthy!

Josh G.

Real Estate Investor
Bethlehem, PA
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51 posts

Does anyone think they are going to cut it again at the meeting in March?

Cyrus U.

Real Estate Investor
Charles Town, WV
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17 posts

I would bet they will. As the U.S. goes into recession they're going to be under a lot of pressure to do something and that's their only tool. It's just a guess but I would expect to see a full point drop over the next year.

Mildrid W.

Accountant
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6 posts

With hindsight, I can say they did cut again. Now with foresight, I can say they will cut again.