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Economy - Friday (Investor's Business Daily)

This is a discussion on Economy - Friday (Investor's Business Daily) within the Announcements forums, part of the Sikh Business Network category; Investor's Business Daily - The federal funds rate is low enough to boost economic growth as the lagged impact of ...

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04-19-2008, 08:24 AM

Gurmastak Singh Gurmastak Singh is offline

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Join Date: Feb 2007

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Economy - Friday (Investor's Business Daily)

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Investor's Business Daily - The federal funds rate is low enough to boost economic growth as the lagged impact of earlier interest rate cuts kicks in, Philadelphia Fed President Charles Plosser said. He warned against seeing rate cuts as "the solution to most, if not all, economic ills." He noted that the real fed funds rate is negative for the first time since '03-04. He said it's important to defend the currency.

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« Bond ETFs Lead Charge As Industry Expands (Investor's Business Daily) | Economy - Wednesday (Investor's Business Daily) »

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