Economics, Finance & Investments (RETIRED BLOG)

A forum for discussing financial economics, structured finance and investment management

Wednesday, October 29, 2008

Big Surprise

Fed lowers fed funds rate 50 bp to 1%. Who didn't see that coming?

ALD at 3:34 PM

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About Me

ALD: I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)

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