Vote: Do You Think the Feds Should Drop Rates Again?

Economists and investors are eagerly waiting for the outcome of the next Federal Reserve Board meeting on January 30. With the stock market running wild and increased talk of recession, many are calling for another interest rate cut. This would potentially bring the federal funds rate down to 3.75%, the lowest it has been since September 2005.

Some are even asking that a half point rate cut happen before the next scheduled meeting. Others are worried about what a rate cut would do for inflation and don’t think that it would help much with the existing credit crunch and mortgage crisis. What do you think?

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