It can be confirmed by Fed'S decision - announced the surprised hefty fund rate cut of 50 basis point to 4.75% last Tues. Many analysts think that further rate cut might be possible depending if the situation has averted.
The question is whether this rate cut will successful help to minimize the economic weakness snowballs? Has Fed has done too much and too quickly that might imposed another inflationary reaction? Are they making the right decision to upturn the economy situation or just encouraging more risk taking behaviour in Wall Street?
Despite of US president, W... displayed 300 characters
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Many analysts think that further rate cut might be possible depending if the situation has averted.
The question is whether this rate cut will successful help to minimize the economic weakness snowballs? Has Fed has done too much and too quickly that might imposed another inflationary reaction? Are they making the right decision to upturn the economy situation or just encouraging more risk taking behaviour in Wall Street?
Despite of US president, W... displayed 300 characters
