Full-Point Rate Cut is Necessary
The move could bring down rates for adjustable mortgage holders. Barron's Randall W. Forsyth says it's far from sufficient, but it's all the Fed can do for now.
Date: May 5, 2008
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Tags: barrons video, financial reserve, interest rate cut, fed rate cut video, federal reserve to cut rates, economy, FOMC, money news, webcastr
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