Fed Increases Another .25%
As expected, the Fed raised interest rates again in its methodical fashion to get back to a more neutral monetary policy. The Federal Funds rate now stands at 2.75%.
I'm just waiting for Ted Kennedy and Barbara Boxer to start wallowing about how the economy is in such dire straits because interest rates are rising...
I'm just waiting for Ted Kennedy and Barbara Boxer to start wallowing about how the economy is in such dire straits because interest rates are rising...
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