Federal Reserve cuts another quarter point.

by J. Money - [Edit]

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.”

Jay loves talking about money, experimenting, blasting hip-hop, and hanging out with his two beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!

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