Tuesday, January 22, 2008
Fed "Emergency" Rate Cut
As you probably know the Fed's cut interest rates in an emergency today. I have plenty of thoughts to share on this but for tonight I've decided I need sleep more, since work has been so crazy lately.
So in lieu of thoughts I'll provide some links with some interesting reading on this recent rate cut.
ABC News Article "Fed Rate Cut Stabilizes Stocks"
MSN Money Articles "More Rate Cuts to Come?" and "Whom the Rate Cuts Help and Hurt"
Bloomberg.com Article "U.S. Stock Futures Drop on Concern Rate Cut Won't Stop Slowdown"