Federal Reserve cuts another quarter point.
Wow... so now my HELOC will be down from 4.80% to 4.55% ... Can it get any crazier?
From MSNBC (can you tell i read this a lot?):
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From MSNBC (can you tell i read this a lot?):
"The central bank is walking a tightrope, trying to jump-start economic growth while also confronting the risk that if it overdoes the credit easing it could make inflation worse down the road."
Labels: federal reserve, helocs
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posted by J. Money at
3:18 PM
1 Comments:
Have we finally accepted that we're in a recession? I'm glad for the reduction because we're looking at a HELOC as well, but I'm already feeling the pinch of inflation in groceries. Our insurance rates are going up. Who knows where all of this will lead to?
Jerry
www.leads4insurance.com
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