The Federal Reserve cut the federal funds rate, the interest banks charge on overnight loans, down to 1%. So what if that doesn't help? Can they cut it to zero?
4 hours ago
Wednesday, October 29, 2008
How Low Can You Go?
The Federal Reserve cut the federal funds rate, the interest banks charge on overnight loans, down to 1%. So what if that doesn't help? Can they cut it to zero?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment