Archive for October, 2007Fed Rate Cut = .25%, Warns: No More Cuts31 October 2007The FOMC meeting adjourned earlier today with the announcement of a .25% cut to the Fed Funds Rate, despite inflationary concerns.ﾃつ There was dissent among the governerors, and the vote to cut rates was not unanimous.ﾃつ ﾃつ ﾃつ ﾃつ Bonds were down today after this morning’s GDP report came in stronger than expected [...] |
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