Parsing The Fed (September 16, 2008 Edition)

For the third straight meeting, the Federal Open Market Committee adjourned with the Fed Funds Rate at 2.000 percent. In its press release, the Fed alluded to the myriad of pressures on the U.S. economy: On Wall Street: Strains have "increased significantly" On Employment: The workforce has...

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[Source: The Mortgage Reports Blog]