Tag: Federal Reserve

Where in the Hell Are We Going?

Where in the Hell Are We Going?

| January 23, 2008 | Reply

An article in today’s New York Times announced the Federal Reserve’s decision to reduce interest rates.  The decision came after an unplanned policy meeting on Monday evening, and it reduced the Fed’s overnight lending rate by three-quarters of a percentage point, to 3.5 percent. First, I want to make it clear that I have always been a big supporter […]

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