At 2:15 the Fed.... |
Subject: At 2:15 the Fed.... by runner140 on 2008/4/30 18:21:41 The Fed dropped the 1. Fed Funds rate by 1/4 point to 2% 2. Discount rate by 1/4 point to 2.25% They are still working on liquidity. Seems to have had a positive effect on the Dow Jones ind. to up 150 points. |