April 30, 2008 – FOMC Cuts Federal Funds Rate 25 Basis Points to 2.00%
The FOMC this afternoon cut the Federal Funds Rate and the Discount Rate by 25 basis points to 2.00% The following is the text of the FOMC announcement.
The FOMC this afternoon cut the Federal Funds Rate and the Discount Rate by 25 basis points to 2.00% The following is the text of the FOMC announcement.
The FOMC met yesterday and this morning regarding the state of the economy. The markets are currently pricing in an 80% chance of a 25 basis point cut. So far, the markets are up about 100 points prior to the announcement in approximately 60 minutes. Personally, I hope the Fed decides to hold firm and [...]
It’s that time again! I’m happy to present the next edition of the Festival of Stocks! As always, if you’re interested in submitting, please follow the green dollar bills floating around Visa will (hopefully) leave us.
Charles H. Green presents 30 Minutes, 30 Cents, 30 Billion: Fragmenting Business posted at Trust Matters, saying, “Be careful [...]
That’s what Kudlow would say, sort of. Anyways, a quick update since I’ve been gone practically a week. If you’re currently in the college circuit, you’ll know that it’s that time again for finals. Even as a PhD student, finals week always seems to suck time and energy out of my life. Couple that with [...]
Here’s a clip from their latest keynote speech. A quick reminder that Apple reports Wednesday after the bell.