Fed Cuts Rate Again
October 31st, 2007
Tweet
Today, the banks got a treat.? Whether or not it helps out Joe Homeowner remains to be seen.? Fed Funds now is at 4.50%.?
If Prime is adjusted down at least rates indexed to Prime should see a little relief.
We may also finally see a normalized yield curve, although it took lower leads to get us there.
-- By Chris Duncan
