Foundation for Economic Education
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Fed Leaves Interest Rate Alone
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The US Federal Reserve has kept its key interest rate unchanged at 2% as it grapples with the twin dangers of possible recession and high inflation. (BBC News [1], Wednesday)
Government knows best.
FEE Timely Classic
Illusion of Control [2] by Christopher Mayer
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/fed-leaves-interest-rate-alone/
URLs in this post:
[1] BBC News: http://news.bbc.co.uk/2/hi/business/7543772.stm
[2] Illusion of Control: http://www.fee.org/publications/the-freeman/article.asp?aid=3661
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