Quote:
Originally Posted by Normal
The Federal Reserve is likely to start a series of interest-rate cuts next week and keep going through the end of the year, traders bet on Wednesday after tamer-than-expected producer price inflation last month calmed worries that price pressures would hold the central bank back from policy easing.
Fed seen on course for rate cuts after PPI data
If the cost to produced goods keeps falling, we should see rate cuts. That would be good for everyone! |
I doubt it. I'd get my money out of a financial institution in a hurry and invest in real estate. No brainer. Free money, yippee! Why save?