Interest Rate Cuts
I meant to post on this earlier in the week, but it seems like the Fed is considering rate cuts. I was wondering when rate cuts were going to make news. With all the talk of the Bailout, discussions of rate cuts took a back seat. Cutting interest rates is a traditional method for the Fed to add liquidity to the market and spur lending and borrowing. Today on CNBC there is as much talk of a slowing economy as about the Bailout. If falling rates can help the housing market, start cutting.