From the Atlanta Journal today, "The Federal Reserve trimmed short-term interest rates by a quarter of a percentage point Wednesday, the seventh cut in seven months. But the central bank also signaled that it likely would pause its rate-cutting campaign, which so far has pushed down the federal funds rate to 2 percent from 5.25 percent."
Wednesday, April 30, 2008
Fed Cuts Rate, Inflation on the Rise
Labels:
federal reserve,
inflation,
interest
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment