Federal Reserve Keeps Interest Rates The Same
June 25, 2008 by Sherry Tingley
Filed under Interest Rates
Directly from: Bank Rate
Short-term interest rates remain unchanged as honchos in the Federal Reserve try to figure out which is the greater danger: inflation or recession.
After reading this article I wondered what I have missed in my basic education. Do you have to take a class in interpretting what this means in our lives? It seems the economy and anything that affects it is so far beyond the individual consumers control that it is down right depressing.
My question to you, the reader is:
“What can we as consumers do to help the economy turn around and start looking hopeful again?”
Nicki on Wed, 25th Jun 2008 4:05 pm
I think the Federal Reserve play games with us, but the end result is always the same: they win and we loose. Personally, I think the economy is out of our hands. Government is big business and corrupted. It is nothing like our founding fathers intended.