Fed stays aggressive, cuts rates a half-point

Comments (9)

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1. jason330 says:

   January 30, 2008 at 3:01 pm

   Can I refi my house and get a 2% ARM that goes to 15% after 18 months instead?

   My car is still running okay.

2. anon says:

   January 30, 2008 at 3:07 pm

   Methinks the Fed is holding up the roof for a little while to let the smart investors get out.

3. donviti says:

   January 30, 2008 at 3:13 pm

   we are giving you $500 not to think anon…now shut up and defeat the terrorists!

4. Brian says:

   January 30, 2008 at 3:21 pm

   Did anybody look at the value of the dollar after the announcement? Someone please tell me how it is doing….in relation to the peso…

5. Brian says:

   January 30, 2008 at 3:35 pm

   Now I understand- after the Fed jockey’s finish slathering Wall street with green ink, they will need to get their passports ready within in the next four or five months, to ensure that the American economic collaspe goes smoothly. Wonderful.

6. anon says:

   January 30, 2008 at 3:38 pm

   http://finance.yahoo.com/currency/convert?from=USD&to=MXN&amt=1&t=1d

7. Brian says:

   January 30, 2008 at 3:42 pm

   http://finance.yahoo.com/currency/convert?from=USD&to=CNY&amt=1&t=5y

   Make sure you take a look at the chart at the bottom.

8. Brian says:

   January 30, 2008 at 3:49 pm

   I can’t wait until we are 1 to 1 with the rupee. This is wonderful news! Thanks guys.

9. Brian says:

   January 30, 2008 at 6:18 pm

   http://finance.yahoo.com/currency/convert?from=USD&to=KWD&amt=1&t=5y

   This is even better- 1 dollar = .27 in Kuwati money. At least someone benefited from the Gulf War.