The Krile Files

Not Much Left To Cut

January 5, 2008 · Leave a Comment

They’re going to have it down to 0.5% before long. Can we do negative interest rates? I’d like some of THAT!!

Pressure Mounts For Fed To Make Big Rate Cut

With unemployment rising to 5 percent in December and jobs growth coming in well below forecasts, economists said the Federal Reserve may be forced to slash interest rates when it meets later this month in order to stave off a recession. In another step to combat the slowing economy, the Fed also announced Friday that [...]

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Categories: Bush Administration · Economy

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