How Cutting The Fed Funds Rate Helps The U.S. Economy

The Federal Open Market Committee adjourns from its 2-day meeting today after which the FOMC will issue its customary press release. The majority of Wall Street expects a Fed Funds Rate cut to 1.000 percent -- the lowest level since June 2004. Plus, it's worth noting that some are calling for an...

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[Source: The Mortgage Reports Blog]