Friday, March 19, 2010

Fed May Boost Discount Rate Before Next Meeting, Economists Say

This article discusses the idea that the Federal Reserve may increase the Discount rate before their next meeting. I am not sure if the economy would respond to this move considering the Fed just increased the Discount rate already once about two weeks ago. I may be wrong but the way i see it is that the banks already have all the cash they need so whats the point?

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