The Federal Reserve made an “emergency rate cut” last week, dropping the Fed Funds Rate by one half-percent to 1.500 percent. The move is meant to stimulate the U.S. economy. When the Federal Reserve changes the Fed Funds Rate, it often takes 9 months for the changes to work their way through the economy. On […]
The Impact of Last Week’s Fed Cut
October 14th, 2008 · Comments Off on The Impact of Last Week’s Fed Cut
Tags: Economy · Federal Reserve