Federal Reserve cuts rates to zero*
Dec. 16th, 2008 04:15 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
jhetley"Sounds like they're out of ammo, Lieutenant. Time to rush 'em."
*Zero to .25% in the article I read. Don't know how they break down the range.
*Zero to .25% in the article I read. Don't know how they break down the range.
![[identity profile]](https://www.dreamwidth.org/img/silk/identity/openid.png){kind=small}
no subject
Date: 2008-12-16 09:45 pm (UTC)Hopefully, Obama's stimulus plan will be more effective than those of the LDP.
no subject
Date: 2008-12-17 12:36 am (UTC)Angels we have heard on high,
Telling us, go out and buy!
no subject
Date: 2008-12-17 01:54 pm (UTC)It seems to be having some "interesting" effects on exchange rates, as overseas investors decide that the dollar is not a profitable place to keep your assets . . .
no subject
Date: 2008-12-16 09:55 pm (UTC)For some reason, I'm thinking of the 29th British Infantry at Islandawana...
no subject
Date: 2008-12-16 11:31 pm (UTC)