Archive for Archive for February 1st, 2008

Wednesday’s Rate Cut Was Needed!

The Federal Reserve on Wednesday January 30, 2008, cut a key interest rate for the second time in just over a week. In a brief statement explaining their decision, Federal Reserve Chairman Ben Bernanke and his colleagues said that “financial markets remain under considerable stress.” The rate cut marked the fifth time that the Fed […]

Posted by: najirashid on Friday, February 1st, 2008