Federal Reserve & Interest Rates
With the true estate bubble having burst and the economic climate in a tizzy over the going to fallout in the mortgage loan markets, bankers, investors, property owners, and CEOs are contacting the Federal Reserve’s Federal government Open Industry Committee (FOMC) to slice the federal funds rate in order to avert a personal meltdown. However, the Federal government Reserve should look out of these self-serving cell phone calls and hold rates regular for the moment.