Foundation for Economic Education
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Enough Rate-Cutting, Investors Tell Fed
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A pause in interest rate cuts by the nation's central bank could prove to be refreshing for the stock market. Investors who once clamored for rate cuts to stabilize a slowing economy and financial system on the verge of a meltdown now are calling for a halt to the Federal Reserve's easing cycle. Wall Street is now of the mind that further cuts would do more harm than good. (USA Today [1], Monday)
Inflation fears?
FEE Timely Classic
Inflation in One Page [2] by Henry Hazlitt
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/enough-rate-cutting-investors-tell-fed/
URLs in this post:
[1] USA Today: http://www.usatoday.com/money/markets/2008-05-04-fed-rates-stocks_N.htm
[2] Inflation in One Page: http://www.fee.org/publications/the-freeman/article.asp?aid=6007
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