US Rates: No change! »
Posted by: BobbyK 2 months, 1 week agoUSD Chart 26 June 2008 Ben Bernanke and the Federal Reserve voted 9-1 to keep the federal fund rate at 2%; wedged between a rock and a hard place they had little choice. To raise rates would have dealt a body blow to the American economy and increased the pressure on homeowners causing much hardship. The real estate sector is imploding in man
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BobbyK
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