federal reserve: Fed Cut A Mistake - 05/02/08 10:12 AM
The Federal Reserve is blowing it. Inflation is at 4% and they continue to dig an economical pit by cutting rates.
Some of the very best CD rates are barely at 4% right now and that is for 50+ months. So if you have your money in most accounts then you are losing money. Prior to this week, the Fed had cut 300 basis points off of the federal fund rate in hopes to boost the economy & patch up the housing market. 
It has not worked so far and they are continuing to play their broken record. The more they play, the more inflation we are experiencing.
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federal reserve: Fed to cut rates... again. - 01/10/08 04:09 AM
The Federal Reserve met today and will be cutting the Fed Fund Rate, but how much? Some economists are saying that ½% is needed while others predict a more conservative approach of ¼ %. There were 3 cuts last year and the question now is how many will we see in 2008?

Jeff Fullmer, Real Estate Investor/Financier (FM Properties)

Jeff Fullmer

Real Estate Investor/Financier

Idaho Falls, ID

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