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Yielding Wealth | Personal Finance

How Will Tomorrow’s Fed Rate Cut Affect You?

by miranda on December 10th, 2007

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:

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POSTED IN: Credit, Investing, Mortgage and Loans, News, Personal Finance, Trends

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