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fed: Yes, the Fed has cut rates again - 01/22/08 11:46 AM
Before the market even opened this morning, the Fed announced another rate cut.  I had expected them to cut the rate next when they had announced the probability of it next week. However, they felt that with the looming recession, that it was prudent for the economy.  The federal fund rate … (-1 comments)

fed: Fed cuts rate for the third time this year - 12/11/07 01:58 PM
The Federal Reserve cut rates again today.  The rate fell by 1/4 point to 4.25% The purpose in this rate cut is to keep the country out of recession.  Analysts had hoped that their cut in October was their final cut for 2007, but market conditions worsened in the last six … (0 comments)

fed: Another Fed rate cut? - 11/28/07 12:19 PM
In a report on cnnmoney.com, the Federal Reserve Governor implies that there will be another fed rate cut in the future. So what does that do the economy? The whole purpose of a rate cut is to spur on economic growth.  A rate cut will put a jump in the stock … (1 comments)

fed: Economic Impact of Fed rate cut - 11/02/07 03:04 PM
Did you know that the Fed cut the federal funds rate by 1/4 point?  The federal fund rate is now 4.5%.  How does that impact the rest of the economy? It affects it in numerous ways. As soon as the rate decreased, commercial banks reduced their lending rate to 7.5%. Not … (0 comments)

 
Real Estate Agent: Esther Claassen (Re/Max of Rochester)
Esther Claassen
Rochester, MN
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Re/Max of Rochester

Office Phone: (507) 287-7706
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