MoneyRates Blog
Interest Rates 2008
By MoneyRates team | Money-Rates Columnist
The Federal Reserve has lowered their benchmark interest rates 75 points in 2007 while publicly stating it remains inflation-vigilant. The futures market, where contracts are traded based on the future value of the Federal Funds Rate, is currently discounting in another 75 ppint rate cut between now and the summer of 2008. Online banks who [...]
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