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FOMC Leaves Rates Unchanged

Started by Jorge · 10 months ago

The FOMC leaves rates unchanged today as most investors expected.  Couple of things to note include current levels of inflation and the continued weakness of the credit markets.  In short, the Fed could not do anything without shattering one thing or another.  Here’s a l ... Continue reading »

1 comment

  • So basically, Bernanke and Co. are fiddling while Wall Street and Main Street burn. I mean, they reduced rates like there was no tomorrow earlier this year. And now they're twiddling their thumbs. Maybe this is a bit harsh, but it is true.
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