Federal Reserve cuts another quarter point.

by J. Money on Wednesday, April 30, 2008

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?):

“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.”

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