Updated almost 17 years ago on . Most recent reply
Fed Cuts Rate to 0-.25%
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:



