The Feb will likely cut rates again in December “providing three conditions are met: financial markets remain distressed, the risks to inflation do not increase and the remaining economic data do not come in stronger than expected.” [MSNMoney]
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You spelled Fed wrong. Slackers…
The “feb”? Nice. XD
Must be Friday
In other words, if the markets stay down, consumer spending doesn’t increase, energy prices keep rising, and more homes go into default, it will be a great opportunity to buy stocks and participate in the Dow’s rate-cut rally.
What a country.
How long until the US $ is worth less than the Peso? Seems like it won’t be long.
Dear Fed,
When you screw us this long and this often, it’d be nice if you sent flowers every once in a while.
Sincerely,
Everyone who saves their money, didn’t get an ARM and doesn’t take on debt they cant manage.
a.k.a. those who DIDN’T get us in this trouble in the first place.
Dear Feb? wow im glad its friday
@S_SILVERS: Or at least used lube.
Was Fed spelled incorrectly on purpose? If it is, I don’t really get the joke and the original article doesn’t mention “Feb” either.
Oh that crazy Feb. What will the do next, decide that every month should have only 28 days??
It’s got holiday envy to add to it’s inadequacy issues. It’s only got the greeting card holiday for sexy time makers, while December has Pearl Harbor Day, Xmas, Hannukkah, Kwanzaa, and New Year’s Eve.
No inflation? Where do these people live?