Signature RM Blog

Is it a Trick or a Treat that the Federal Reserve once again cut the interest rate on Halloween.

That's right! They have done it again. The cut was for a quarter of a point, bringing the fed funds rate to 4.50%, citing housing concerns.

Full Story:

http://money.cnn.com/2007/10/31/news/economy/fed_rates/index.htm?postversion=2007103114