How Will Tomorrow’s Fed Rate Cut Affect You?
December 10, 2007 by Miranda Marquit
Filed under Finance
Yet another Fed rate cut is expected tomorrow. While some think that 50 basis points will be the magic number, others feel that 25 points is much more likely. But in either case, the continued efforts to save the economy with a Fed rate cut will likely affect you, whether it is an influence on mortgage rates, forex trading or the stock market. First Business reports on the Fed rate cut:
