Tag Archives: economic damage

What Will The Federal Reserve Do Next?

Business Week speculates. The Fed has other weapons aside from lowering the funds rate. Low rates caused this crisis. Can they get us out? Report: Instead of dropping rates to zero, the Fed probably will turn to other weapons to … Continue reading

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Is The Bailout Change We Can Believe In?

From the New York Times editorial: As prices drop, millions of people who have never missed a mortgage payment stand to lose their home equity. Under the program, the government will insure up to $300 billion in new, more affordable … Continue reading

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