Wednesday, November 19th, 2008

Posts Tagged ‘ Banks In Germany ’

Could the Fed Be Exporting Stagflation to Europe?

May 1st, 2008 | By William Patalon III | Category: Politics & Economics

The U.S. Federal Reserve reduced the benchmark U.S. lending rate by a quarter point - from 2.25% to 2% - yesterday (Wednesday), and then hinted that it will take a break from one of its most-aggressive rate-cutting campaigns in decades.