As many economists kept saying during the past few weeks, the federal reserve had to cut rates once again and that's exactly what happened recently when the central bank cut rates to 2%... This is a major importance new for all the American people and I am sure that everyone has to be really informed about the consequences of this. In fact, the Central bank predicts that this will be the last cut in rates for a while and that it will be enough to prevent America from facing any recession that could be already astonishing people on the air! Moreover, I found these news a sign that our economists are finally awaking and so I am very happy that this decision was already taken...
Best regards
Wednesday, April 30, 2008
Federal reserve cuts rates again!
Posted by
jfmc
at
1:58 PM
Labels: worldwide news