Friday, April 25, 2008

Chatter heading into the Fed meeting

There's a lot of interesting chatter about what the Fed might do next week. Most of it seems to center on whether the Fed will finally stop cutting rates, or just cut rates one last time by 25 basis points and then signal a pause. Here's an excerpt from a WSJ story on the topic yesterday: "The Federal Reserve is likely to cut its short-term interest rate by a quarter of a percentage point next week -- but then may be ready for a breather. "The Fed, meeting Tuesday and Wednesday, is likely to

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