The Federal Reserve Cuts Rates .50%
And leaves the door open for more cuts if necessary
The Fed met yesterday and today to discuss inflation and the economy. They decided to cut the Fed Funds rate (FFR) by .50% to stimulate a slowing economy. There’s a lot of debate as to whether we’re in a recession or [...]
Entries from January 2008
January 31, 2008
The Fed Cuts Again
January 22, 2008
The Federal Reserve Cuts Rates .75%
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Tries to stave off a larger decline in the stock market
The Federal Open Market Committee (FOMC) held an emergency meeting last night to determine how to address the sharp sell off of stocks from around the world yesterday and the impending sell off US stocks today. It was the first special meeting since 9/17/01 and [...]
January 21, 2008
FED Rate Cuts: How Low Can They Go?
Will Fed Rate Cuts Equal Lower 30 yr. Fixed Rates?
The Federal Reserve will be meeting on Jan. 29th & 30th to discuss the state of our economy. Will they cut rates and if yes by how much? Will the rate cuts lead to decreasing or increasing mortgage rates?
There’s a lot of confusion about the Fed Funds [...]
January 8, 2008
The Key to Rising Home Prices
Higher Demand or Lower Supply = Rising Prices
It’s a basic economic principle that when supply increases, prices come down. And, when supply decreases, demand can rise and prices will rise with demand. (a good resource is Basic Economics, by Thomas Sowell)
As Banks take over more and more properties in Mid-Michigan they will seek to sell [...]
