MoneyRates Blog

Interest Rates 2008

November 12, 2007
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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