inflation | SoullFire's Tags

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Cause and Effect

So the Fed lowered the Federal Funds Rate by 1/2 % on Tuesday and the Discount Rate (what they charge banks) by 1/2 % as well a few weeks back. In my opinion, the Fed's role should be to manage the overall economy, and …
The Fed Has Spoken......

And I DO NOT LIKE what they had to say! So they decided to cave in to short term business interests and lower rates by an aggressive 1/2 % (50 basis points). If it walks like a duck and quacks like a duck, you gotta …