Daily Archives: 16. December 2008

Rate Cut Expected –

The Fed is expected to cut rates by one half point today.  This action is being done to combat deflation in the overall economy. To view a related article, please click here: http://news.yahoo.com/s/afp/20081216/ts_alt_afp/useconomybankrate Jim Sutliff

Posted in Banking, Federal Reserve, Interest Rates | Leave a comment